Alcoa (AA) is expected to post adjusted EBITDA of $491 million in 2Q17, compared to $533 million in the sequential quarter. Notably, we saw divergence in aluminum and alumina prices in 2Q17. While higher aluminum prices bode well for Alcoa’s profitability
“My margins in China are better now than they were five years ago,” Mr. Gimeno said. Still, there is growing competition in the manufacturing sectors the company is now focused on.
The research papers will be presented at the 8th Annual Oppenheimer De Beers Group Research Conference...
A HORRIFIC workplace accident cost a Coast man his life, a wife her husband, his adult children their father,and now a local company hundreds of thousands of dollars-when the blade on an angle grinder he was using shattered and a shard pierced his chest..
The global industry leader in surface treatment technologies, introduces the Xcavator™ with Comfort Max™ Technology - a uniquely engineered grinding wheel that reduces grinding time while increasing operator comfort and overall plant productivity...
A spokeswoman for Saint-Gobain said it had been affected by the virus and had isolated computer systems to protect data. "Our production lines are still operational and we continue to serve our clients," she said, adding that the company was...
Diversified industrial abrasives manufacturer 3M Company'sMMM announced that it completed the divestiture of its tolling and automated license/number plate recognition business to Neology, Inc.
“The acquisition of Cafro is a corner stone in the portfolio we are now building in the area of precision grinding. Mirka’s and Cafro’s customers will see the benefit of a broad and complete offer of surface finishing and grinding solutions”
Saint-Gobain Says its Been Hit by Global Cyber Attack; Saint-Gobain to Increase its Flat Glass Production Capabilities in Mexico...
We saw a divergence in aluminum and alumina prices in 2Q17. While aluminum prices largely held their ground in the quarter, we saw a weakness in alumina prices. This divergence could reflect in Alcoa’s 2Q17 earnings.
3M will again sponsor the Collision Repair competitions for Automotive Refinishing Technology and Collision Repair Technology, providing volunteers and technical assistance, as well as donating products including abrasives, tape, paint guns, adhesives...
3M has announced that top young performers in automotive refinishing competed June 7-9 at the 3M Automotive Refinish Center (ARC) for a chance to represent the UK in a prestigious global contest.
3M Company (MMM) is an interesting player in the Industrial Goods space, with a focus on Diversified Machinery. The stock has been active on the tape, currently trading at $207.39, up from yesterday’s close by 0.22%.
De Beers’ grading unit has developed the first synthetic-screening device capable of testing multiple jewelry-mounted stones at once without the need for a probe, the diamond producer claimed Tuesday.
Element Six, a world leader in synthetic diamond supermaterials and member of The De Beers Group of Companies, announced today the development of a new thermal grade of synthetic diamond grown by chemical vapor deposition (CVD), Diafilm™ ETC700...
Abrasives manufacturer 3M Company MMM recently inked a definitive agreement with Apax Partners, a premier global private equity advisory firm, to divest its electronic monitoring business for $200 million. The transaction is expected to be completed...
With a background in research and development, Tom Kinisky plans to put Saint-Gobain in a growth pattern. Kinisky said his overriding marching orders from the parent company is to grow the North American market.
Says Martin Stevens, technical sales representative for grinding machines and precision products: “Having the eco 200 installed at our showroom facility will be a great aid in showing customers the capabilities of Micromatic machines.
Anglo American saw a fall in rough diamond sales value from De Beers' fourth sales cycle of 2017, though the company was encouraged that demand remained at a steady level.
During its 1Q17 earnings call, Alcoa (AA) guided for adjusted EBITDA1 between $2.1 billion–$2.3 billion in fiscal 2017. This guidance assumes current foreign currency exchange rates and physical aluminum premiums.
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