Company News
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Company News
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Golden Bear Has Restructured Its Senior Management and Hired a New Marketing Director
Dec 25, 2012Golden Bear has restructured its senior management and hired a new marketing director. Barry Hughes,who joined as commercial director in 2011,has been promoted to general manager.He will have the responsibility of managing the business ...
Tags: Golden Bear, Barry Hughes, new marketing director, Kate O'Leary
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Titanium Metals Corp Stockholders Have Until 5 PM Today to Tender Their Shares
Dec 25, 2012Bizjournals.com reported that Titanium Metals Corp stockholders have until 5 PM today to tender their shares as part of Precision Castparts Corp's bid to acquire the company. The original expiration date was December 20th 2012 at 5 PM EST ...
Tags: Titanium Metals Corp, Precision Castparts Corp, metal, metal market
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ThyssenKrupp and Vossloh Were Sued for Damages by Mr Deutsche Bahn AG
Dec 25, 2012Bloomberg reported that ThyssenKrupp AG ,Vossloh AG and Moravia Steel were sued for damages by Mr Deutsche Bahn AG for fixing the prices for rails. Deutsche Bahn filed a suit at the frankfurt regional court after talks over a settlement ...
Tags: ThyssenKrupp AG, Vossloh AG, Moravia Steel, steel market, rails price
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A West Australian Company Has Been Granted a Lease to Mine Iron Ore in Tarkine Region
Dec 25, 2012ABC News reported that a West Australian company has been granted a lease to mine iron ore in Tasmania's Tarkine region on the west coast. Venture Minerals said that it is a significant step towards building the project at Riley Creek, ...
Tags: iron ore, mining, mining project, Australia
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Samsung Engineering Signs a USD 3 Billion Contract for a Massive Power Project
Dec 25, 2012Arabian Business reported that South Korea's Samsung Engineering and its consortium partners have signed a USD 3 billion contract for a massive power project in Saudi Arabia. The consortium partners, who also include Saudi based Al Toukhi ...
Tags: Arabian Business, Samsung Engineering, power project, Saudi Arabia
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AXG Mining Has Made The Decision Not to Proceed with Its Acquisition of Pinto Minerals
Dec 25, 2012AXG Mining has made the decision not to proceed with its acquisition of Pinto Minerals due to a delay in the granting of three licences to Pinto. Pinto has a number of applications for exploration licences located in Zambia, and one of ...
Tags: AXG Mining, acquisition, Pinto Minerals, mining
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ThyssenKrupp AG Has Opened The Techcenter Carbon Composites in Dresden
Dec 25, 2012Lightweight components made from fiber reinforced plastics make wind turbines more efficient, sports cars faster and aircraft stronger. At ThyssenKrupp too, promising areas of application are opening up for carbon fiber-reinforced plastics ...
Tags: Lightweight, plastics, sports cars, fiber reinforced plastics
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SSGC Has Signed a MoU to Fulfill The Country's Growing Energy Needs
Dec 25, 2012The News reported that the Sui Southern Gas Company has signed a MoU to import Liquified Natural Gas as part of efforts to fulfill the country’ growing energy needs. An official of the Ministry of Petroleum and Natural Resources ...
Tags: Sui Southern Gas Company, Liquified Natural Gas, energy, energy industry
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GMR Infrastructure Ltd Has Started Commercial Operations of The Hyderabad
Dec 25, 2012Business Line reported that GMR Infrastructure Ltd has started commercial operations of the Hyderabad to Vijayawada section of National Highway 9 and the Hungund to Hospet section of National Highway 13. With the commencement of these two ...
Tags: Infrastructure, Highway, NHAI, flyovers, vehicular underpasses
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Tokyo Steel Mfg Co Has Increased What The Company Pays for Locally Available Ferrous Scrap
Dec 25, 2012Japan's largest electric steelmaker Tokyo Steel Mfg Co has increased what the company pays for locally available ferrous scrap by a uniform JPY 1,000 per tonne for all grades at all its facilities, effective with Dec 14 arrivals, which ...
Tags: electric steel, steel price, steel market, steel purchase price
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MMFX Introduced Its MMFX2 Reinforcing Steel in Chile at CORROMIN
Dec 25, 2012MMFX introduced its MMFX2 reinforcing steel in Chile at CORROMIN a conference of industry leaders focused on solutions to address steel corrosion. Corrosion is a significant problem in Chile, given the country's expansive coastal marine ...
Tags: reinforcing steel, corrosion, marine environment, steel
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Iron Ore Miner NMDC Has Suffered Inr 745.94 Crore Revenue Loss During 2007-10
Dec 25, 2012PTI cited government auditor CAG as saying that iron ore miner NMDC has suffered INR 745.94 crore revenue loss during 2007-10 for not revising the domestic prices of the steel-making raw material in line with prevailing market rates, due to ...
Tags: miner, iron ore, steel-making raw material, Steel Mills
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SAP Could Be Close to Announcing The Availability of Its Foray Into The PaaS Market
Dec 25, 2012SAP could be close to announcing the general availability of its foray into the PaaS (platform-as-a-service) market, NetWeaver Cloud, which will go up against rival offerings from the likes of Oracle and Salesforce.com. NetWeaver Cloud ...
Tags: SAP, PaaS, NetWeaver Cloud, Oracle
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Metinvest Trametal SpA Had Repaid Ahead of Schedule The Remaining EUR 107.5 Million
Dec 25, 2012Metinvest BV the parent company of the international vertically integrated steel and mining group of companies announced that its subsidiary, Metinvest Trametal SpA had repaid ahead of schedule the remaining EUR 107.5 million of a 7 year ...
Tags: Metinvest BV, steel, mining, purchase, fixed assets, shares
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The Great Eastern Shipping Placed an Order for 1 New Building Medium Range Product Tanker
Dec 25, 2012The Great Eastern Shipping Company Ltd has placed an order for 1 new building Medium Range Product Tanker to be built at STX (Dalian) Shipbuilding Company Ltd, China. The contract also gives GE Shipping the option to add more ships at a ...
Tags: Great Eastern Shipping Company, STX(Dalian)Shipbuilding Company Ltd
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