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IPS Corporation Acquires the Solvent Cement Assets of Schwartz Chemical Corporation

2015-11-16 11:31:11| Industrial Newsroom - All News for Today

Collierville, Tenn.  IPS Corporations Plumbing Division is pleased to announce the acquisition of the solvent cement assets of Schwartz Chemical Corporation. This acquisition is the latest step in providing the industrys best known brands under the IPS umbrella in the Canadian Plumbing/HVAC marketplace. Schwartz...

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Nucor to Acquire Cold Finish Bar Assets in Ohio and Georgia

2015-11-16 11:31:11| Industrial Newsroom - All News for Today

CHARLOTTE, N.C.  Nucor Corporation (NYSE: NUE) announced today that it has agreed to acquire Gerdau Long Steel's Bright Bar assets located in Orrville, Ohio, and Cartersville, Georgia, for an undisclosed amount. The facilities manufacture cold drawn steel bars for steel service centers and other markets across the...

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Premier Oil to sell Norwegian assets to Det norske oljeselskap

2015-11-16 01:00:00| Offshore Technology

Premier Oil has agreed to sell its Norwegian business to Det norske oljeselskap in a deal worth $120m.

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Encana completes sale of Haynesville natural gas assets in US for $850m

2015-11-13 01:00:00| Hydrocarbons Technology

Encana Oil & Gas (US), the wholly-owned subsidiary of Canada-based EnCana, has completed the previously announced sale of its Haynesville natural gas assets in northern Louisiana, US for $850m.

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Encana writes down more assets, posts US$1.2-billion loss in third quarter

2015-11-12 18:15:40| Oil & Gas - Topix.net

Encana Corp. says it had a US$1.2-billion net loss in the third quarter, mainly as recognition of the impaired value of some of its assets given the current low-price environment. The loss amounted to US$1.47 per share and contrasted with a US$2.8 billion net profit in last year's third quarter, when oil and gas prices were more than double the current levels.

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