Posts Tagged ‘automotive’

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Intermap Technologies Introduces New Malaysia Mapping Program

August 18th, 2008
Intermap Technologies Introduces New Malaysia Mapping Program

Intermap Technologies today announced that the Company has entered into a new distribution program with the Sabah Lands and Surveys Department in East Malaysia. The program, called Digital Sabah, will make available high-resolution 3D digital elevation data and imagery covering the entire State of Sabah.
Sabah, located on the Island of Borneo and the Malaysia Borneon [...]

ArcelorMittal Announces Acquisition of Concept Group

July 21st, 2008
ArcelorMittal Announces Acquisition of Concept Group

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”).
Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and [...]

ArcelorMittal Acquires Outstanding Shares in Rolanfer Recyclage S.A.

July 16th, 2008
ArcelorMittal Acquires Outstanding Shares in Rolanfer Recyclage S.A.

ArcelorMittal announces is has acquired the outstanding 60% of the shares in Rolanfer Recyclage S.A. (“Rolanfer”) which now gives it 100% control over the company.
Rolanfer is based in Yutz (France) near Thionville on the border with Luxembourg and operates a shredder at the port of Illange. Rolanfer specialises in the processing and recycling of scrap [...]

Novelis Wins Aluminum Contract for BMW X6

July 16th, 2008
Novelis Wins Aluminum Contract for BMW X6

Novelis Inc. has been selected by BMW to supply aluminum sheet for the lightweight hoods of its all-new X6 crossover SUV. Novelis is the world’s leading supplier of high performance aluminum sheet for use in automotive applications.
“The X6 is yet another landmark vehicle from BMW, and we are proud that Novelis was chosen to supply [...]

Allegheny Technologies Second Quarter 2008 Earnings To Be Better Than Expected

July 14th, 2008
Allegheny Technologies Second Quarter 2008 Earnings To Be Better Than Expected

Allegheny Technologies Incorporated expects second quarter 2008 earnings to be in the range of $1.65 to $1.67 per share, including a $0.11 per share one-time net tax benefit. ATI had previously said that it expected second quarter earnings to be somewhat higher than the $1.40 per share achieved in the first quarter 2008.
“ATI is benefiting [...]

ArcelorMittal Acquires Astralloy

July 1st, 2008
ArcelorMittal Acquires Astralloy

ArcelorMittal, the world largest integrated metals and mining company, has acquired Astralloy Steel Products Inc. (“Astralloy”) a subsidiary of IMS International Metal Service. Astralloy operates three warehouses and employs 60 people in North America. Its 2007 revenues were USD 34 million.
About ArcelorMittal
ArcelorMittal is the world’s largest integrated metals and mining company, with over 310,000 employees [...]

ArcelorMittal Increases Shareholding in Macarthur Coal to 19.9%

June 30th, 2008
ArcelorMittal Increases Shareholding in Macarthur Coal to 19.9%

ArcelorMittal today announces that it has increased its stake in Macarthur Coal Limited (ASX: MCC - News) from 14.9% to 19.9%, following the acquisition of a further 5 % stake (10,607,830 shares) from Talbot Group Holdings.
The shares were purchased at $ AUD 20, bringing ArcelorMittal’s total investment in Macarthur Coal to $ AUD 843 million. [...]

ArcelorMittal Welcomes Allocation of Karampada Iron Ore Resource for Its Jharkhand Steel Plant

June 11th, 2008
ArcelorMittal Welcomes Allocation of Karampada Iron Ore Resource for Its Jharkhand Steel Plant

ArcelorMittal welcomes the allocation of a mining lease in respect of the Karampada iron ore deposit to the Company by the Governments of India and Jharkhand for its integrated steel plant to be based in Jharkhand.
The Karampada iron ore deposit is located in West Singhbhum district of Jharkhand with estimated reserves of 65 million tons [...]