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Black & Decker Q4 profits down
Black & Decker Q4 profits down US home toolmaker Black & Decker Corp, an early adopter of powder metal technology, announced fourth quarter earnings of $33.9 million, down from $43.7 million in Q4 2008. Black and Decker said the net earnings reflected $58.8 million of pretax expenses in 2009 related to the proposed merger with The Stanley Works. Shareholders of both Black and Decker and The Stanley Works will attend shareholder meetings on
March 12 to vote on the proposed merger. The merged companies will form the biggest tool company in the US. Black and Decker’s debt was nearly halved during the year to a net figure of $632 million and the company benefitted from cash and short-term securities totalling more than $1 billion at the end of December. www.blackanddecker.com www.stanleyworks.com
Rio Tinto sells more assets Rio Tinto, the parent company of Canadian iron powder producer Quebec Metal Powders, has continued its sale of assets to fund the acquisition of Canadian Aluminium giant Alcan for $38 billion in 2007. Australian packaging company Amcor has agreed to buy for about $2 billion Alcan Packaging’s global pharmaceuti-
cal, global tobacco and food divisions. Rio Tinto’s own aluminium division has sold its 80% stake in Ghana Bauxite to Bosai minerals Group, a private Chinese company. The price was not disclosed. The other 20% is owned by the Ghana government. Rio Tinto has sold off more than $10.3 billion in assets since February 2008.
Nano-alloy production cleared First tonnage range industrial production of a carbon-nanotube reinforced aluminium-base alloy, Zentallium, is expected to begin in Switzerland this month as a result of co-operation between Bayer Materials Science and Zoz GmbH, a German milling specialist. Last year Zoz and Bayer decided to have the emissions safety of the process checked by Bayer Technology
Services and the Institute for Occupational Safety and Health of the German Social Accident Insurance (BGIA). Their final report, published in January, said there was no detectable nano-emission from the process, effectively giving safety clearance. Zoz nano milling processes are carried out under inert atmospheres or under vacuum in gas-tight apparatus.
Name change for Schlenk Schlenk Metallpulver GmbH & Co KG has changed its name and legal form to Schlenk Metallic Pigments GmbH. A spokesman said: “Our legal identity remains the same in spite of this change of legal form and thus there is no bearing on the continued business of the company. “All contractual relations will be continued in their original form and all operative processes will remain unchanged. In particular, there is no change with regard to our banking details as previously provided.” Schlenk Metallic Pigments GmbH is one of the leading manufacturers of metallic pigments for the coatings, printing inks and plastics industries as well as for technical applications. Aluminium and gold bronze products are available in paste, powder or granule form as well as vacuum metallised pigments and press-ready inks. The company’s address details are: Schlenk Metallic Pigments GmbH Barnsdorfer Hauptstrasse 5 D-91154 Roth-Barnsdorf, Germany e-mail: [email protected] www.schlenk.de
Chris joins Metalysis
K-mat opens in the UK Hamburg-based metal powder supplier, K-mat GmbH, has opened a dedicated UK office in North Yorkshire. The company supplies ferrous and non-ferrous metal powders into the powder metallurgy, friction materials and carbon brush markets. Powders are available in electrolytic form or water or gas-atomised varieties in lots
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MPR March/April 2010
from 1kg to 1000kg. The non-ferrous range includes copper, bronze, brass and other alloys. The company also markets products for diamond tooling, steel centres and bonding systems. Contact: Stephen Mason Tel: +44 (0) 1969 625 135 e-mail: [email protected] www.k-mat.de
Chris Stokes, a former director of London Scandinavian Metallurgical Co Ltd, has joined UK-based Metalysis as commercial director as the company embarks on commercialisation of the FFC Process. Compared to conventional technologies, this electrolytic process could open up a cheaper, less capital intensive and more environmentally favourable production route to high-value metals and alloys such as titanium.
metal-powder.net
March 12 to vote on the proposed merger. The merged companies will form the biggest tool company in the US. Black and Decker’s debt was nearly halved during the year to a net figure of $632 million and the company benefitted from cash and short-term securities totalling more than $1 billion at the end of December. www.blackanddecker.com www.stanleyworks.com
Rio Tinto sells more assets Rio Tinto, the parent company of Canadian iron powder producer Quebec Metal Powders, has continued its sale of assets to fund the acquisition of Canadian Aluminium giant Alcan for $38 billion in 2007. Australian packaging company Amcor has agreed to buy for about $2 billion Alcan Packaging’s global pharmaceuti-
cal, global tobacco and food divisions. Rio Tinto’s own aluminium division has sold its 80% stake in Ghana Bauxite to Bosai minerals Group, a private Chinese company. The price was not disclosed. The other 20% is owned by the Ghana government. Rio Tinto has sold off more than $10.3 billion in assets since February 2008.
Nano-alloy production cleared First tonnage range industrial production of a carbon-nanotube reinforced aluminium-base alloy, Zentallium, is expected to begin in Switzerland this month as a result of co-operation between Bayer Materials Science and Zoz GmbH, a German milling specialist. Last year Zoz and Bayer decided to have the emissions safety of the process checked by Bayer Technology
Services and the Institute for Occupational Safety and Health of the German Social Accident Insurance (BGIA). Their final report, published in January, said there was no detectable nano-emission from the process, effectively giving safety clearance. Zoz nano milling processes are carried out under inert atmospheres or under vacuum in gas-tight apparatus.
Name change for Schlenk Schlenk Metallpulver GmbH & Co KG has changed its name and legal form to Schlenk Metallic Pigments GmbH. A spokesman said: “Our legal identity remains the same in spite of this change of legal form and thus there is no bearing on the continued business of the company. “All contractual relations will be continued in their original form and all operative processes will remain unchanged. In particular, there is no change with regard to our banking details as previously provided.” Schlenk Metallic Pigments GmbH is one of the leading manufacturers of metallic pigments for the coatings, printing inks and plastics industries as well as for technical applications. Aluminium and gold bronze products are available in paste, powder or granule form as well as vacuum metallised pigments and press-ready inks. The company’s address details are: Schlenk Metallic Pigments GmbH Barnsdorfer Hauptstrasse 5 D-91154 Roth-Barnsdorf, Germany e-mail: [email protected] www.schlenk.de
Chris joins Metalysis
K-mat opens in the UK Hamburg-based metal powder supplier, K-mat GmbH, has opened a dedicated UK office in North Yorkshire. The company supplies ferrous and non-ferrous metal powders into the powder metallurgy, friction materials and carbon brush markets. Powders are available in electrolytic form or water or gas-atomised varieties in lots
6
MPR March/April 2010
from 1kg to 1000kg. The non-ferrous range includes copper, bronze, brass and other alloys. The company also markets products for diamond tooling, steel centres and bonding systems. Contact: Stephen Mason Tel: +44 (0) 1969 625 135 e-mail: [email protected] www.k-mat.de
Chris Stokes, a former director of London Scandinavian Metallurgical Co Ltd, has joined UK-based Metalysis as commercial director as the company embarks on commercialisation of the FFC Process. Compared to conventional technologies, this electrolytic process could open up a cheaper, less capital intensive and more environmentally favourable production route to high-value metals and alloys such as titanium.
metal-powder.net