|
The week's business headlines
Alcoa faces regulatory hurdles with Alcan bid
Aloca of Pittsburgh will have to meet regulatory requirements from at least seven global jurisdictions to successfully merge with rival aluminum producer Alcan of Montreal, according to a May 15 article from SeekingAlpha.com … read more
Edgetech I.G. to open U.K. plant
Officials from Edgetech I.G. of Cambridge, Ohio, announced the company will open a Super Spacer manufacturing facility in Coventry, England, according to a May 15 company release … read more
Sisecam holds Bulgarian float glass investment
Due to ongoing labor disputes in Bulgaria, Turkish glassmaker Sisecam is freezing its $220 million investment in its planned Turgovishte glass plant, Trakia Glass Bulgaria, according to a May 21 article from Bulgaria’s The Sofia Echo. The investment would have doubled Sisecam’s stake in Bulgaria ... read more
NIP Programs launches new insurance for glass industry
Officials from NIP Programs, a division of NIP Group, Inc., of Woodbridge, N.J., announced the company is offering a new insurance program, GlassPro, designed specifically for the glass industry, according to a May 14 company release … read more
|