| Metals Industry News |
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Rio has nothing to match its BHP deal
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| THE obvious question raised by recent suggestions that Rio Tinto's proposed iron ore joint venture with BHP Billiton is unattractive to a recovering Rio and should be either renegotiated or dumped is: unattractive compared with what? Rio has halved its gearing, with assets sales and a rights issue and the global crisis is receding, but there is ... |
Philippines to buy rice from Vietnam, SKorea
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| The Philippine government has decided to buy rice from Vietnamese and South Korean companies to cover a shortage caused by recent back-to-back typhoons, a spokesman said Friday. |
L.B. Foster, Lally Pipe & Tube joint venture to manufacture precision pipe couplings
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| L.B. Foster Co., Pittsburgh, Pa., has announced a newly formed joint venture between three partners, Kentucky-based Lally Pipe & Tube, L.B. Foster, and industry veteran, Jim Legg. |
MetoKote Investing in German Manufacturing Facility
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| MetoKote Corporation, a provider of protective coating applications based in the United States, has chosen Germany as the site of its new manufacturing plant. |
Gold and Silver Bullion Sales Report
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| The United States Mint recorded another month of strong sales for its gold and silver bullion coin products. |
Grede moves closer to selling
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| Nov. 5, 2009 9:24 a.m. Grede Foundries, which filed for Chapter 11 bankruptcy protection in June, said Thursday that it expects to be sold by year's end. |
Commco Switches From Sap R/3 Cloud to NetSuite OneWorld
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| NetSuite announced that COMMCO LLC, a Kansas City-based distribution and light manufacturing company and a leading home improvement millwork distributor, is the latest company to successfully switch from SAP R/3 to NetSuite OneWorld, going live on time and on budget, and providing the Kansas City-based company substantial savings. |
Australian Trade Deficit Widens Less Than Expected on Surging Coal Exports
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| Australiaa s trade deficit widened less than economists forecast in September as a surge in exports of coal offset a matching gain in imports. |
RTI struggles continue with 3rd qua.....
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| Continued weak demand for titanium products, plus a charge and tax expense, drove RTI International Metals Inc. |
RedPrairie to Offer Pre-Integrated Application Modules on NetSuite SuiteCloud Platform
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| RedPrairie Corporation , a productivity software provider, announced today that it will offer pre-integrated application modules for NetSuite Inc. |
Park-Ohio's loss narrows to $3.2 million in third quarter
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| Park-Ohio Holdings Corp., a Cleveland manufacturing and supply chain logistics company, said it lost $3.2 million, or 29 cents a share, in the third quarter that ended Sept. |
Traction for recovery? It's all about the sales
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| Despite the steady flow of mostly positive economic news, topped off last week with the report that the nation had ended its longest slump in more than 60 years, it is hard to shed the worry that the recovery could stall before it did much good. |
Rio Tinto says BHP Billiton iron-ore tie-up synergies could rise
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| Iron Ore Chief Executive Sam Walsh said Monday the synergies on offer from a planned iron ore joint venture with BHP Billiton Ltd. |
South Korea's Hyundai wins US$1.4 billion order for gas facilities in Myanmar
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| Hyundai Heavy Industries Co., the world's leading shipbuilder, said on Monday that it has won a US$1.4 billion deal to build gas facilities in Myanmar. |
Six bodies found at rapist's home
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| Nov 1 - Cleveland police arrested a convicted rapist after finding six decomposed female bodies on his property. |
NetSuite National Business Cloud Computing Seminar Comes to Chicago
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| NetSuite Inc. , a leading vendor of cloud computing business management software suites, today announced that it will bring its national business cloud computing seminar to the Chicago Trump International Hotel & Tower, November 3, from 2:00pm to 6:00pm. This timely seminar on the latest advancements in business cloud computing will feature a ... |
Cliffs reports third quarter earnings
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| Cliffs Natural Resources 10/29/2009 CLEVELAND-Oct. 29, 2009-Cliffs Natural Resources Inc. |
Commercial Metals reports steep decline in 4th-quarter profit, forecasts loss in 1st quarter
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| Commercial Metals Co. reported a precipitous drop in fiscal fourth-quarter earnings Friday as the steel maker struggled with weaker prices and demand amid the economic slowdown. |
BHP eyes bigger fish
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| BHP Billiton chief executive Marius Kloppers has put a dampener on any expectations that the mining giant might be about to start mopping up small Pilbara iron ore neighbours, saying he would focus on larger deals. |
Midland Starts First Exploration Program With North American Palladium on the Laflamme Gold Project
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| Midland Exploration Inc. , in partnership with North American Palladium Ltd. , is pleased to announce the start of its first exploration program on the Laflamme project, located about 25 kilometres west of the town of Lebel-sur-Quevillon in Abitibi, Quebec. |
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| Plastics Industry News |
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Dow Chemical, Shenhua revive $10b project
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| Dow Chemical Co and Shenhua Group, China's largest coal miner, will reportedly move ahead with their planned $10 billion coal-to-chemical project in Shaanxi province after a delay of at least one year. |
Brondeau to succeed Walter as CEO at FMC Corp.
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| Chemical company FMC Corp. said Friday it named Pierre Brondeau as its president and CEO, effective Jan. |
Public voices concerns on dioxin settlement
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| Thursday, November 05, 2009 at 11:41 p.m. The EPA, MDEQ, and The Dow Chemical Co. |
Dow tells TX evacuees they can go home
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| Freeport residents forced to evacuate because of a leak in a Dow Chemical underground pipeline have been cleared to go home. |
PolyOne Corp. Reports Operating Results
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| PolyOne Corp. filed Quarterly Report for the period ended 2009-09-30. PolyOne Corporation is an international polymer services company with operations in thermoplastic compounds specialty resins specialty polymer formulations engineered films color and additive systems elastomer compounding and thermoplastic resin distribution. |
PolyOne profits jump in the third quarter, sales fall
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| PolyOne Corp., an Avon Lake polymer company, earned nearly $50 million during its third quarter, a huge improvement from a loss last year and a result that effectively erased losses from the company's earlier quarters this year. |
Delphi Automotive creates new board of directors
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| Delphi Automotive LLP, which exited bankruptcy protection last month, said Wednesday that it has created a new board that will be led by former DuPont Chairman John Krol. |
www.PicksThatMove.com: "Picks that move" Alerts, November 03, 2009: NAL, WIN, DOW, PFE, SWI and HNT
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| Picksthatmove.com Alerts include NewAlliance Bancshares, Inc. ; Windstream Corporation ; The Dow Chemical Company ; Pfizer Inc ; SolarWinds and Health Net, Inc. |
DuPont sees U.S. economic recovery taking hold
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| Chemicals maker DuPont said on Tuesday a U.S. economic recovery was beginning to take hold and forecast 2010 profit growth in line with Wall Street estimates. |
Eastman spill results in fish kill
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| A chemical spill at the Eastman Chemical Co. plant into the Holston River in Kingston killed an undetermined number of fish. |
Dow names Merszei president of Dow Europe, Middle East, Africa; chairman of Dow Europe
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| Dow Chemical Co. on Tuesday said chief financial officer Geoffery Merszei will leave that post and take on the roles of president of Dow Europe, Middle East and Africa, chairman of Dow Europe and executive vice president of The Dow Chemical Co. |
Increased agricultural productivity: Complex puzzle
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| Nov 2, 2009 11:00 AM, By Daryll E. Ray, Agricultural Policy Analysis Center, University of Tennessee, Knoxville, TN The jump in prices of agricultural commodities in 2008 was devastating not only for US dairy and livestock producers-its repercussions could be felt around the world with food riots in many countries and trade restrictions in a number ... |
Myers Industries finalizes sales of two business units
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| Myers Industries Inc. of Akron said it completed the sale of its Buckhorn Rubber Products Inc. |
Raven Industries to buy Canadian startup Ranchview
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| Industrial manufacturer Raven Industries Inc. said this past week that it will buy almost all the assets of Ranchview Inc., a privately held Canadian startup. |
Cooper Tire swings to 3rd-quarter profit, beats estimates and shares rise
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| Cooper Tire & Rubber Co. said Monday it earned $46.8 million in the third quarter, citing lower raw material costs than a year ago, manufacturing improvements and higher sales volumes. |
Spartech sells wheels business to private equity firm
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| Spartech Corp. has sold its wheels business to a private equity firm and a management group, which has named the new company Custom Wheels Inc. |
Bridgestone to halt tire supply for F1
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| Bridgestone Corp. says it will stop supplying tires for Formula One racing in 2011. |
Wilmington Restaurants: More choices than ever
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| The Arsenal Restaurant & Tavern in Historic New Castle the best Italian food in Wilmington comes from Ristorante Attilio in Little Italy. |
Israel Stocks: Israel stocks off after rates are held steady
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| Israeli stocks slipped on Tuesday, with weakness in such high-profile issues as Bezeq and Israel Chemicals offset in part by some strength among property companies. |
Merck says 3Q net income falls 28 percent
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| German drug and chemical maker Merck KGaA reported Monday that net income fell 28 percent to euro144 million in the third quarter as weak demand hurt revenue, but said its chemicals and liquid crystals divisions were recovering. |
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