NEW YORK & BESTWIG, Germany –Lightweight, high-performance metals leader Alcoa (NYSE: AA) today announced that it has completed the acquisition of privately held TITAL. Alcoa closed the transaction, which was announced on December 15, 2014, after receiving all of the required global regulatory approvals. TITAL is a leading manufacturer of titanium and aluminum structural castings […]
WASHINGTON – To kick off national Engineers Week, The Dow Chemical Company (NYSE:DOW) and Project Lead The Way (PLTW) announced a significant partnership to increase K-12 students’ access to high-quality science, technology, engineering, and math (STEM) education programs. Through a $400,000 commitment, Dow will fund PLTW programs in 17 schools in Indiana, Louisiana, Michigan, and […]
SHANGHAI— —By 2025 China’s gas market will be 2.5 times bigger than it is today. When GE (NYSE: GE) was chosen to deliver technology to support this growth, it was made clear only exceptional products would suffice. GE’s Power Conversion business was selected by China Machinery International Engineering Design & Research Institute (CMIE) to provide […]
The start of 2015 saw a modest growth acceleration in the eurozone manufacturing sector. The final seasonally adjusted Eurozone Manufacturing PMI® posted in line with the earlier flash estimate of 51.0 and slightly above December’s print of 50.6. Improvements in business conditions were seen in Germany, Spain, the Netherlands and Ireland during January, with solid […]
ROLLE, Switzerland, – Archer Daniels Midland Company (NYSE: ADM) has signed a Joint Business Development Plan (JBDP) to continue to grow its relationship as an oils and fat supplier for Unilever (NYSE: UN) in Europe, North America and Africa. The JBDP defines the long-term strategy and goals for the relationship and provides a clear framework […]
NEW YORK & BESTWIG, Germany—Lightweight, high-performance metals leader Alcoa (NYSE:AA) today announced plans to further expand its global aerospace business through a definitive agreement to acquire privately held TITAL. The acquisition will strengthen Alcoa’s global position to capture increasing demand for advanced jet engine components made of titanium. Germany-based TITAL is a leader in titanium […]
RIYADH, Saudi Arabia & NEW YORK- -The Saudi Arabian Mining Company (Ma’aden) and lightweight metals leader Alcoa (NYSE:AA) today announced that the alumina refinery at their joint venture aluminum complex in Saudi Arabia has successfully produced its first alumina from Saudi Arabian bauxite. The alumina refinery at Ras Al Khair is the first ever refinery […]
London & Rotterdam – Unilever today announced the purchase of the Camay brand globally and the Zest brand outside of North America and the Caribbean from The Procter & Gamble Company. The brands had a turnover of $225 million in the last fiscal year. The transaction, for an undisclosed amount, is expected to close during […]
Philadelphia, PA – Larger beverage containers have always been popular among consumers in Brazil, where there is a social culture of pouring drinks from shared containers rather than each individual having their own single serving. In recent years, brands have seen the use of multi-serve containers expanding to other occasions, including sporting events and music […]
DES PLAINES, Ill., — UOP LLC, a Honeywell (NYSE: HON) company, announced today that UOP C3 Oleflex™ process technology started up and has been successfully operating in Russia, producing high-quality propylene to help meet the global supply shortage of the valuable plastics building block. Russia’s OOO Tobolsk-Polymer facility, which became the largest Oleflex production unit […]
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