Metso opens new service center in the Netherlands

Metso will open a new service center in Waddinxveen, the Netherlands, near the Rotterdam-Antwerp industrial area on May 30, 2013. The new service center supports the company’s strategy to grow its valve and field device service business globally and strengthens Metso’s service capabilities within the Benelux region for major petrochemical, energy, oil & gas and pulp & paper companies.

Friday 31. May 2013

Neenah Paper Announces Dividend Increase of 33 Percent – The Second Dividend Increase in 2013

Neenah Paper, Inc. (NYSE:NP) announced today that its Board of Directors approved a 33 percent increase in the regular dividend on the Company’s common stock.

Friday 31. May 2013

BASF and Markor sign contracts for butanediol and polytetrahydrofuran joint ventures in China

BASF and Xinjiang Markor Chemical Industry Co., Ltd. (Markor) have signed key cooperation contracts for the establishment of joint ventures for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF, chemical name: polytetramethylene ether glycol). The joint venture companies will be established once the relevant Chinese regulatory approvals are obtained.

Friday 31. May 2013

DuPont Titanium Technologies Announces a Price Increase for Ti-Pure Titanium Dioxide

Products Sold in North America, Europe, the Middle East, Africa, Latin America and the Asia Pacific Regions

Friday 31. May 2013

Metso’s Board approves a demerger plan to divide Metso into two companies

The Board has completed a strategy study, resulting in the signing of a demerger plan

Friday 31. May 2013

Metso Corporation launches consent solicitation from holders of certain notes issued under its EMTN Programme

Metso Corporation announces the launch of a consent solicitation process to solicit consents and waivers from the holders of the outstanding notes of certain series of notes issued pursuant to its EMTN Programme to pass an extraordinary resolution at a separate meeting of noteholders of each such series to sanction (a) the waiver and authorisation of any breach or any alleged breach of certain of the terms and conditions of the notes and (b) waivers in respect of certain statutory rights that such noteholders may have under Finnish law, in each case, as may be caused by, or arise in respect of, the proposed demerger of Metso’s Pulp, Paper and Power businesses into an independent company.

Friday 31. May 2013

Metso strengthens its position as a leading supplier to the pulp industry by obtaining a license to FLSmidth Lime Kiln and Recausticizing Technology

Metso will acquire the lime kiln and recausticizing business of FLSmidth through an exclusive license to the technology concerned. The acquired business will be affiliated to Metso’s Pulp, Paper and Power segment, Fiber business line. The value of the transaction will not be disclosed.

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