AlliedSignal Honeywell Merger 10/06/99 The US Department of Justice is not expected to oppose the AlliedSignal - Honeywell merger. Efforts will now focus on the EC review. Kafus Financing 09/28/99 Kafus has obtained a $21 million finance package with a European investment group.
New Owens Service Organization 09/28/99 Owens Corning has announced three new service organizations in its Composites Systems Business. Hexcel Consolidation, Loss 09/27/99 Hexcel has announced a business consolidation plan in its manufacturing capacity. Also, because of continued aerospace weakness, Hexcel expects a third quarter loss. Ameron Earnings Up 09/25/99 Ameron reported record third quarter earnings. Sales of composite pipes were down but seem to be recovering. Johnston Listing Threatened 09/22/99 Johnston Industries, a manufacturer of engineering textiles, has been notified that it doesn not meet the "continued listing" criteria of the NYSE. Polymer Waste Encapsulation 09/22/99 Orbit Technologies will begin marketing its Polymer Encapsulation Technology (PET) for treating waste in Asia. For more info about PET, visit Orbit's Web site at http://www.orbit-technologies.com/. PTC Partnership 09/22/99 PTC has partnered with Norfolk Limited to assist in the manufacture of complex composite parts using Pro/E. Euro-Composites Wins Award 09/20/99 As reported below, Euro-Composites has won a Governor's Cup award. This is E-C's own press release. Cytec Completes Acquisition 09/17/99 Cytec has completed its acquisition of Inspec Mining Chemicals. Spectra Shield Ballistic Composite 09/14/99 AlliedSignal has been selected to supply ballistic composite material to the Marines for a new helmet. Euro-Composites Wins Award 09/14/99 Euro-Composites won a Governer's Cup Award for its efforts in the private sector to develop the local and regional economy. AlliedSignal Licenses Fiber 09/14/99 AlliedSignal has granted Rhodia of France a license to an advanced polyester fiber used for tire reinforcements. CAR Listing 09/07/99 Composite Automobile Research, developer of an easily manufactured composite car, has received approval to change its OTC trading symbol. ATP Merger Agreement 09/03/99 ATP has entered into a definitive merger agreement with The Veritas Capital Fund which would give stockholders $14.50 per share. The agreement is subject to regulatory and stockholder approval. Milacron Licenses MuCell 09/02/99 Milacron has been licensed to sell injection molding machines capable of working with MuCell microcellular foam. Trex Plant Opens 09/02/99 Trex's new plant in Nevada began shipping product ahead of schedule. Manhattan Scientifics 09/02/99 Manhattan Scientifics has hired Dr. Robert Hermes to work on holographic data storage devices. Machinetools.com Online 08/31/99 The new Machinetools.com Web site lists new, used, an auction equipment. It also offers services of interest to the machine tool industry. Lincoln NGV Plant Opens 08/30/99 Lincoln Composites announced that its new Natural Gas Vehicle (NGV) fuel tank plant is now fully operational. Cytec Elects New VP 08/30/99 The Cytec Board of Directors has elected Mark S. Andrekovich Vice President, Human Resources. Aldila Not a Target 08/25/99 No surprise here: the DoJ has given Aldila verbal assurance that it is not a target in the carbon fiber price fixing investigation. Cytec Acquisition 08/24/99 Cytec has signed an agreement to acquire the amino coating resins business of BIP Ltd. Kafus Radio Interviews 08/24/99 Green Wave Radio is conducting a series of interviews with Kafus executives. The schedule in this article is already past, but there are pointers to upcoming schedules. Alyn Second Quarter Results 08/20/99 Alyn reported a second quarter loss essentially unchanged from the same quarter last year. Company focus has switched from an end product manufacturer to a material supplier.
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