Result Page 13 for Latest Basic Materials News & Archive

Australian DuluxGroup seeks Asian growth opportunities

Australian paints, adhesives and garden care products firm DuluxGroup Ltd sees Asia as a key growth area for the company.

Orica demerger worth the $100m cost

Orica Ltd, the world's largest industrial explosives maker, says the demerger of its DuluxGroup paint and garden products business in Australia is worth the millions in transaction fees.

Gloucester Coal still negotiating with Noble Group

Gloucester Coal of Australia intends to raise equity to buy shares in coal mines from its loading shareholder, Singaporean-owned Noble Group, the most recent on a series of deals in the growing coal industry.

AACL nails harvest contract

Australia’s largest grain growing corporation, AACL, has struck a pre-purchase deal with dealer Glencore for the upcoming harvest.

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Fortescue’s Forrest calls on PM Gillard to talk with local miners about new tax

Andrew Forrest, chief executive officer of Fortescue Metals says that PM Gillard’s new tax on mining had placed only a “reasonable framework” for further negotiations.

AGL Energy makes offer to Mosaic

AGL Energy Ltd intends to buy out Mosaic Oil NL, a gas and oil exploration company.

Japan's unemployment rates up, consumer demand suffers

Japan has recorded an unexpected 5.2 percent increase in its unemployment rate further weakening household spending for the second month.

Wattyl takes $142m Valspar offer

Wattyl, which has a market capitalisation of $107m, has accepted a $142 million takeover proposal from Valspar, the Sydney-based company announced today.

Bright Food-CSR deal may close today

Shanghai-based Bright Food is on its way to signing a contract with Australian conglomerate CSR over the sale of the latter's Sucrogen. Reports suggested a settlement could be reached as soon as today.

Amcor plans to combine Australasian operations

Paper maker Amcor Ltd is set to merge with Amcor Packaging Distribution and eventually combine all its Australasian operations into Amcor Australasia and Packaging Distribution, which will be based in Melbourne and set to be headed by US-based Nigel Garrard.