Petroplus Comments on Impact of Strike in Fos Sur Mer France
Petroplus Holdings AG confirms that its Cressier refinery has been shut down for planned maintenance since December 1. With yesterday’s completion of the strike in Fos Sur Mer we will be able to re-supply the refinery with crude oil over the next few weeks and begin start-up the first week of January. The original schedule for restarting the refinery was December 12. The Reichstett refinery is currently...
Sierra Gold Corporation Announces Property Acquisition in Region Known for Coloured Diamonds and Gold
Sierra Gold Corporation announced the acquisition of a 12 mile long concession on the Manu river in the Zimmi region with an option to expand down to the Atlantic ocean. The company has investigated the property and has discovered small coloured and clear diamonds. Also discovered was coarse gold. Coarse gold indicates proximity to the original source of the gold vein. The property is now being cleared...
Sierra Gold Corporation Announces Discovery of Diamonds On Sewa River From Dredge Operation
Sierra Gold Corporation announced discovery of diamonds on the Sewa River with the 8“ dredge purchased from a South African company. The dredging operation produced over 10 carats of diamonds valued at US$110 per carat from its initial test run. Gold has also been collected and its values are presently being assessed. This equipment has the capability to process up to 50 tons per hour. Sierra...
DuPont Titanium Technologies Announces a Price Increase for Ti-Pure Titanium Dioxide Products in Europe, Middle East and Africa Regions
DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure® titanium dioxide grades sold in Europe, Middle East and Africa regions. Effective Oct. 15, prices for DuPont coatings, plastics, specialty, paper and laminate titanium dioxide grades will increase by 150 Euros per tonne in all Euro markets of Western and Central Europe and North Africa regions and by $120 per...
Caterpillar Aligns to Better Serve Customers and Focus Accountability
To strengthen its world-class product and service offerings, Caterpillar Inc. is aligning its machine product and marketing organizations to sharpen customer focus, position the company to achieve its 2010 and Vision 2020 goals and build deep expertise in product development. “We are well-positioned for long-term success,” said Caterpillar Chairman and CEO Jim Owens. “And Team Caterpillar...
Hidalgo Mining International (HMIT) Announces the Completion of the Acquisition of the Tinkisso Property
Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced that it has completed acquisition of the balance of the Tinkisso property which adds an additional 26 kilometers of property, increasing their Tinkisso property to now encompass a total of 56 kilometers. Mark Daniel Klok, President of HMIT, stated: “We have increased our ownership in the...
DuPont Titanium Technologies Announces a Price Increase for Ti-Pure Titanium Dioxide Products in Latin America
DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure® titanium dioxide grades sold in Latin America. Effective Oct. 1, Latin American prices for all DuPont titanium dioxide grades will increase by $150 (USD) per metric ton. This increase is in addition to the price increases previously announced. “Demand for TiO2 remains strong. Higher raw material, energy...
Reliance Steel & Aluminum Co. Completes PNA Group Acquisition for $1.1 Billion
Reliance Steel & Aluminum Co. announced that it has completed the previously announced acquisition of the outstanding capital stock of PNA Group Holding Corporation, a national steel service center group. The transaction value of approximately $1.065 billion included approximately $725 million of PNA’s debt that was repaid or refinanced, including the settlement of Reliance’s cash tender offers...
DuPont Titanium Technologies Announces a Price Increase for Titanium Dioxide Products in Latin America
DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure® titanium dioxide grades sold in Latin America. Effective August 1 2008, prices for DuPont coatings, plastics, specialty, paper, and laminate titanium dioxide grades will increase $150 (US$) per metric ton in Latin America. “While demand for TiO2 remains quite strong, our costs – from raw materials...
Aleris Rolled and Extruded Products Europe Announces Price Increases
Aleris Rolled and Extruded Products Europe announced today the following price increases: 5% on all 2xxx and 7xxx plate products for aerospace applications 8% on conversion prices for coil coat applications 6% on conversion prices for all other rolled products regarding transactions denominated in Euros and 25% on conversion prices for all other rolled products regarding transactions denominated in...
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