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  • News - 17 Oct 2002
    It was announced today that the Timken Company had reached an agreement with Ingersoll-Rand to acquire their Torrington subsidiary. The acquisition is valued at approximately $840 million, made up of...
  • News - 16 Oct 2002
    DuPont and Teijin have decided to dissolve their 50:50 nylon joint venture, Teijin DuPont Nylon K.K. located in Mihara, Japan. To minimise the impact to customers, the shutdown will be a gradual...
  • News - 16 Oct 2002
    Australian Magnesium Corp have secured an order for 15,000 tons of pure magnesium for its Stanwell project, which is still under construction. The new supply contract with an unnamed , major European...
  • News - 15 Oct 2002
    Despite recently made investments into the Moultrie (USA) aluminium extrusions plant, Norsk Hydro have decided to close the facility by the end of 2002 due to continued low levels of business. A weak...
  • News - 14 Oct 2002
    Today, the Solo Cup Company began construction of its new facility on the site that accommodated US Steels’, South Works, in Chicago. The $100 million manufacturing facility will allow Solo...
  • News - 11 Oct 2002
    Basell has just introduced Spherizone, a new polypropylene manufacturing technology. Spherizone uses a multi-zone circulating reactor and produces materials which have properties superior to any...
  • News - 11 Oct 2002
    The ability for UK manufacturing industry to compete in world markets received a major boost with the announcement on 5 September by Trade Secretary Patricia Hewitt of PowdermatriX, a new Faraday...
  • News - 10 Oct 2002
    Avestor have just started production of the world’s first fully commercial lithium-metal-polymer (LMP) battery in their new production plant in Boucherville, Quebec, Canada. Avestor is a 50/50...
  • News - 10 Oct 2002
    American Superconductor announced today that they have just received a cost sharing grant from the US Government’s Advanced Technology Program (ATP). The grant worth $2 million will be used to...
  • News - 9 Oct 2002
    Rhodia have just completed the divestiture of its interest in Rhodia-ster. They have sold their entire 88.4% share to the Italian company Gruppo Mossi & Ghisolfi. The sale has yielded a debt...

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