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Two TRL units to hike capacity, turnover

Jamshedpur, May. 4, 2010 - Tata Refractories Ltd (TRL), a Tata Steel associate company, which had a year ago taken under its control the management of two refractory units at Hyderabad and Jhansi, now wants to see their capacities and contribution to the company's turnover go up. ...

Washington Mills restarts silicon carbide expansion

May 3, 2010 - Washington Mills (WM) has started construction work on the expansion of its crude silicon carbide (SIC) plant at Hennepin, Illinois. WM is one of only a handful of SIC suppliers in North America that include Electro Abrasives LLC and superior Graphite Co.. WM made ...

Rescuers search for 5 trapped in flooded graphite mine

May 3, 2010 - Rescuers are continuing to search for five people trapped underground in a flooded graphite mine in central China's Hunan Province, according to provincial work safety authorities. The mine flooded at around 5:00 a.m. Saturday as five miners repaired the shaft ...

Japanese, Brazilian refractories firms form US joint venture

May 3, 2010 - Magnesita Refratarios SA, Brazil's biggest maker of refractory tiles for steel-making furnaces will create a joint venture with Japan's Krosaki Harima Corp. to produce refractory products for sale in the U.S., Canada and Mexico, Magnesita said yesterday in a ...

Refractories at Vriddhachalam facing bleak future - TANSTIA President

CUDDALORE, May 2, 2010 - At the initiative of the Tamilnadu Small and Tiny Industries Association (TANSTIA) the Centre has formed a task force under the aegis of the Planning Commission to address the problems faced by lakhs of small units in the country. In this regard Prime ...

Kaolin Registered a 18%-Growth in Revenues, Doubled Net Profit

April 28, 2010- The Company Has Reported Stabilisation with Regard to Its Main Product SectorsFor the first quarter of 2010, Kaolin AD has reported sales revenues to the amount of BGN 26 million, which constitutes an increase of more than 18 % where compared to the first quarter ...

Tata Refractories to up China capacity by 36,000 tpa

May 1st, 2010 Upbeat about growth prospects, TRL China in a third-stage expansion wants to upscale its magnesite-based refractory unit in Bayuquan in north-east China from the present 54,000 tonne per annum (tpa) to 90,000 tpa. TRL China is owned 92% by Tata Refractories (TRL) ...

Almatis files for bankruptcy

30 Apr 2010 - Almatis has rejected a refinancing package from its owner, Dubai International Capital LLC (DIC), and filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code, the German speciality alumina group said. The group will undergo a restructuring plan ...

Vale Announces 1st Quarter 2010 Results Webcast

RIO DE JANEIRO, April 29 -- Vale (BM&FBOVESPA: VALE3 & VALE5) (EURONEXT PARIS: VALE3 & VALE5) announces the following webcast: What: Vale 1st Quarter 2010 Results When: Thursday, May 6 2010 @ 10:00 a.m. EDT, 11:00 a.m. Rio de Janeiro time Where: http://www.mediatown.com.br...

GrafTech posts higher sales, profits in Q1

April 29th, 2010 Carbon and graphite product manufacturer GrafTech International Ltd. said Thursday that improved global demand helped it to more than triple its first-quarter profit and top Wall Street expectations. GrafTech's graphite electrodes are used by steel producers that ...

Imerys Announces First Quarter 2010 Results

PARIS, April 29, 2010 - Results for the 1st quarter ending on March 31, 2010 will be commented on by Gerard Buffiere, Chief Executive Officer of Imerys, at the Ordinary and Extraordinary Shareholders' Meeting to be held at 11am today. It will be webcasted live at http://www...

Cookson Expects Double-Digit Revenue Growth in H1 2010

Apr. 29, 2010 In advance of a number of scheduled investor meetings and given that Cookson's outlook for the first half of 2010 has improved since its preliminary results announcement in March 2010, the group recently released its interim management statement, which now covers ...

Orient Abrasives likely to do well: Paras Adenwala

Apr. 29, 2010 - According to Paras Adenwala, MD & Principal Portfolio Manager, Capital Portfolio Advisors, the balance sheet quality is very good but the biggest trigger for the stock is its right segment. It manufactures aluminium greens for abrasive manufacturers like Norton ...

Minerals Technologies' First Quarter Diluted Earnings

NEW YORK, Apr. 29, 2010 -- Highlights: --* Operating Income Up 38 Percent Sequentially/More than 200 Percent over Prior Year --* Better than Expected Recovery in Refractories Segment --* Stabilizing Business Conditions in End Markets --* Productivity Improvements in All Business ...

IFGL Refractories Board to consider Dividend for 2009-10

Apr. 26, 2010 - IFGL Refractories Ltd has announced that a meeting of the Board of Directors of the Company is going to be held on Monday, 10th May, 2010, at its Head and Corporate Office, inter alia, to consider and take on record audited financial results, both on stand alone ...

Timminco loss narrows on silicon metal demand

VANCOUVER, May 11 - Timminco Ltd reported a slimmer quarterly loss on Tuesday due to strong demand from the chemical and aluminum industries for silicon metal products. The Canadian company, which suspended production of solar-grade silicon in March because of poor demand, said ...

Gulf resoures signs ten-year vermiculite offtake deal with UK firm

13 May, 2010 - Africa-focused minerals developer Gulf Resources has signed a ten-year offtake agreement with UK-based vermiculite distributor Dupre Minerals. Under the contract, Gulf has agreed to supply Dupre with all commercial sizes of vermiculite products from its East ...

IFGL Refractories improves sale condition

13 May, 2010 - Refractories and bio-ceramic manufacturer- IFGL Refractories posted excellent set of numbers during the previous quarter ended March 2010. The standalone top-line rose 66% to Rs 54.26 crore on the back of improving macro situation and reasonably sound demand that ...

Rio Tinto restarts iron ore expansion programme in Canada with US$400 million investment

May 12, 2010- Rio Tinto has announced the re-commencement of its expansion programme in its Iron Ore Company of Canada (IOC) operations. The Board of IOC has approved new investment of US$401 million (Rio Tinto share US$235 million) to increase its annual concentrate capacity by ...

Holcim Ltd expands Indonesia cement

12 May, 2010 - Holcim Ltd plans to invest $450m. in a new 1.6m. tpa cement plant near Tuban in eastern Java, Indonesia. The facility is to be built by Holcim's subsidiary PT Holcim Indonesia which is the country's third largest cement maker. It is expected to start production in ...
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