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Metals Industry News
Plastics Industry News

Metals Industry News
Mustang Reports Positive Results From Prefeasibility Study at Maskwa Open Pit Nickel Project
"Based on more recent open cycle studies... further improvements to recovery may be available by modifications to the reagent scheme." Mustang Minerals Corp., today announced positive results from the prefeasibility study completed for the Company's Maskwa nickel-copper-platinum group metals project located near Lac du Bonnet Manitoba. via Earth Times

Earnings: Reading-based Carpenter Technology reports $120 million in net income
"Our third-quarter financial results fell short of our original expectations, due to reduced demand in our economically sensitive markets and higher operating costs" Carpenter Technology Corp., Spring Township, on Tuesday reported net income for the third fiscal quarter of $120.0 million or $2.49 per diluted share, compared with $66.6 million or $1.27 per diluted share a ... via Reading Eagle/Reading Times

Higher expenses help cut Cleveland-Cliffs 1Q profit
Iron ore and coal producer Cleveland-Cliffs Inc. said Tuesday its first-quarter profit fell 49 percent as higher expenses and a one-time charge offset record revenue. via International Business Times

Petaquilla Copper Delivers Arbitration Notice to Teck Cominco
Trading Symbol TSX: PTC VANCOUVER, April 29 /CNW Telbec/ - Petaquilla Copper Ltd. via Canada NewsWire

Corporate boards' pay grows with workload, regulations
"People are not joining boards because of the compensation" After ConAgra Foods' board slashed the company's dividend by 34 percent as part of a restructuring plan, a few shareholders suggested the board should also feel the pain and slash its own pay by roughly one-third. Not surprisingly, the suggestion shareholder Don Hudgens made during the 2006 annual meeting, didn't fly even though former ConAgra chief executive Mike Harper supported that idea. Board chairman Steven Goldstone was quick to defend what ConAgra pays its directors, saying it is difficult to find and keep good people on the board. Read more

Sale of shares to employees
Norsk Hydro ASA`s employees have purchased shares under a general arrangement offered to the employees of Norsk Hydro ASA each year. via Market Wire

WGI Heavy Minerals announces senior management changes
Attention Business Editors COEUR D'ALENE, ID, April 29 /CNW/ - WGI Heavy Minerals, Incorporated today announced that Greg Emerson, the current President of WGI's North American Operations, has been appointed ... via Customer Interaction Solutions

Richard A. Schatz, M.D. Joins Cardium's Scientific Advisory Board
"We are very pleased to have Richard Schatz join our scientific advisory board" Dr. Schatz is an early pioneer of coronary stent technology and is best known for the co-development of the first successful coronary stent, the Palmaz-Schatz stent. via Rehab Management

Sherritt posts Q1 profit of $89M, same as last year, on revenue of $314.2M
- Sherritt International Corp. (TSX:S) has posted a first-quarter profit of $89 million, same as last year, on slightly higher revenues resulting from consistent operating production, higher nickel sales and record cobalt and oil prices. Revenue for the first quarter was $314.2 million, up from $310.1 million in the same quarter of 2007, but down from $323.6 million in the fourth quarter of 2007, the company announced Wednesday. Diluted earnings per share in the first quarter were 38 cents, down from 52 cents in the same year ago period. Read more

BHP plans $1.9 billion expansion to alumina refinery
"Worsley is one of the largest, lowest cost and most efficient alumina refineries in the world. This decision to invest in further production capacity underlines our confidence in the future of the alumina market" BHP Billiton Ltd. has approved a $1.9 billion expansion project for an alumina refinery in Western Australia, the company said Thursday. via International Business Times

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Plastics Industry News
Movers roundup: J2 Global Communications, Cooper Tire
Shares of Cooper Tire & Rubber Co. tumbled Wednesday after the company announced a steep drop in first-quarter profit, blaming a drop in sales and rising raw material costs. via International Business Times

Cooper Tire earnings drop due to rising costs
Cooper Tire & Rubber Co. said Wednesday that its first-quarter earnings fell 92 percent because of the cost of raw materials, increased charges for product liability claims and lower shipments. via NBC24.com

Cooper Tire & Rubber Company Reports First Quarter Results
FINDLAY, Ohio, May 7 /PRNewswire-FirstCall/ -- Cooper Tire & Rubber Company today reported net income of $2 million, or 3 cents per share, for the quarter ended March 31, 2008. via Earth Times

DuPont Strengthens Commitment to Responsible Science with New Biotech Advisory Panel Members
"The addition of these world-renowned experts will help DuPont continue its commitment to responsibly use the tools of biotechnology as it develops sustainable solutions for its customers and society" WILMINGTON, Del.- DuPont today announced the addition of Deepak Pental, Ph.D., and Rebecca Goldburg, Ph.D., to its external Biotechnology Advisory Panel. via WebWire

Continental Tire North America announces price increase
"This price increase is a result of the escalation of transportation, energy and raw material costs" Continental Tire North America, Inc. has announced a price increase of up to 9% on all Continental, General Tire and Proprietary Brand passenger and light truck tires in the United States and Canada. via Rubber World

Drug candidate to treat smallpox scaled up by new partnership
"We are honored that SIGA has entrusted Albemarle with this significant new compound" Two American companies are teaming up for second-round test-phase production of a FDA-designated "fast track" drug candidate to treat smallpox, a deadly virus that is feared to be able to reach people through ... via News-Medical.Net

Indian police detain 80 protesters from Bhopal, site of 1984 gas lead disaster
Police in India have detained 80 people protesting outside the prime minister's residence over the 1984 Bhopal gas lead disaster. via Canoe

Rohm and Haas appoints new president
Chemical company Rohm and Haas today announced that Pierre R. Brondeau has been named its president and chief operating officer. via Business First of Louisville

Kevin Schott
Zoltek Cos. Inc. said Monday that Kevin Schott resigned as the company's chief financial officer effective May 2. The company also said it has found errors in some 2007 financial statements. via St. Louis Business Journal

DuPont shareholders reject executive pay proposal
"We are very much aligned with you on the 840 million people who basically don't have enough to eat every day" DuPont shareholders on Wednesday narrowly rejected a proposal to give stockholders a say on executive pay. via Daily Record

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