Friday, November, 16, 2018 02:52:54

Swiss-based Sika acquires Propex Holding’s Concrete Fibers business

Switzerland’s specialty chemical company, Sika Corp. has recently acquired Propex Holding’s Tennessee-based Concrete Fibers business, which includes a U.S. plant that manufactures synthetic fiber used in concrete reinforcement. According to Sika spokesperson, the acquired business would be a perfect addition to the company’s concrete systems …

Reid Canada to acquire Humberline Packaging & Polybottle Group

Leading rigid plastic packaging provider Consolidated Container Company (CCC) has reportedly announced that its subsidiary – Reid Canada Inc., has acquired Humberline Packaging Inc. and Polybottle Group Ltd from world’s leading components and automotive systems manufacturer ABC Group. With the acquisition, the company would be …

OMCs and CSC SPV sign MoU to provide LPG services in remote areas

Reports confirm that CSC e-Governance Services India Limited and Oil Marketing Companies (IOCL, HPCL & BPCL) have signed a Memorandum of Understanding (MoU) aimed at collaborating for LPG services. The MoU was inked in the presence of Minister of Petroleum and Natural Gas Dharmendra Pradhan …

Aerospace firm HEICO Corporation buys Specialty Silicone Products

Florida-based aerospace and electronics firm HEICO Corporation has reportedly announced to have purchased Specialty Silicone Products, Inc., through its subsidiary Electronic Technologies Group in an all cash deal. As per trusted sources, HEICO anticipates that the latest takeover would be valuable for the company and …

Canada’s Hudbay Minerals to acquire mining firm Mason Resources

Canadian mining corporation, Hudbay Minerals Inc. has reportedly signed an ‘Arrangement Agreement’ with mining firm, Mason Resources Corp., under which it will acquire Mason’s remaining 86% issued and outstanding common shares. Sources close to the deal state that Mason’s shareholders will receive $0.40 in cash …