China buys into Syncrude
Sinopec has more than doubled China's presence in Alberta's oilsands by paying USD 4.65 billion for ConocoPhillips' 9% stake in Syncrude Canada Ltd. Houston-based Conoco confirmed the sale after details leaked out of Hong Kong early on 12 April, sending the share prices of Canadian oilsands producers higher.
Anish Kapoor sculpture for 2012 Olympics
Turner Prize-winning artist Anish Kapoor’s spiralling sculpture has been chosen as the monument to mark the London 2012 Olympic Games.
6-m plate pipe production
Since stainless steels were first developed the production of high-quality longitudinally welded pipes has been the focal point of BUTTING’s business.
Niihama nickel refinery shut for maintenance
Sumitomo Metal Mining Co. Ltd has announced that its Niihama Nickel Refinery will be shut for 4 days in May 2010 and 4 days in November 2010 for regular maintenance.
AOSC to raise CAD 1.35 billion
On 30 March Athabasca Oil Sands Corp. (AOSC) announced that it will raise at least CAD 1.35 billion in Canada's biggest initial public offering (IPO) in years.