News

15. November 2012

The United Nations Group of Experts on the DRC has submitted its final report for 2012 in accordance with paragraph 4 of Security Council resolution 2021 (2011), it may be accessed using the link below.

 

Full report (UN)

16. October 2012

 

AVX Corporation (AVX) reported that it has signed an agreement with Nichicon Corporation to purchase its Tantalum Component Division for approximately $86 million.
 
The all-cash purchase comprises Nichicon's tantalum component manufacturing subsidiaries located in Shiga, Japan and Tianjin, China. The annual component sales of the Division approximate $75 million.
 
John Gilbertson, AVX's Chief Executive Officer and President, said "The purchase of the tantalum component operations of Nichicon enhances our leadership position in the passive electronic component industry and provides further opportunities for expansion in the Asian region and tantalum component manufacturing efficiencies."
 
The transaction is subject to customary closing conditions, including regulatory filings as may be required. The transaction is expected to close before the end of the calendar year or as soon thereafter as may be possible subject to regulatory approvals.
 
AVX, headquartered in Greenville, South Carolina, is a leading manufacturer and supplier of a broad line of passive electronic components and related products.
 
For further details see the website www.avx.com

 

3. October 2012

AVX Corporation, a leading manufacturer of passive components and interconnect solutions, developed and supplied the 630 tantalum multianode capacitors that are responsible for powering the ChemCam laser module on-board Curiosity, which successfully landed on Mars on August 6, 2012. The ChemCam laser module, a combination of chemistry and camera equipment, is designed to analyze the chemical composition of rocks on Mars.

 

Full article (AVX)

11. July 2012

KEMET Corporation, a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, announced today that it received regulatory clearance from the European Commission under the European Union (EU) Merger Regulation for its proposed acquisition of a 34% interest in NEC Tokin by KEMET Electronics Corporation, its wholly owned subsidiary. As previously announced on March 12, 2012, KEMET entered into a definitive agreement to acquire this interest for $50 million. The transaction remains subject to satisfaction of customary closing conditions, including receipt of required regulatory approval in China. While a definitive closing date cannot yet be determined, KEMET continues to expect that the transaction will close during its second fiscal quarter, ending September 30, 2012.

 

Original article (KEMET)

 

6. July 2012

 

A Channel Research team undertook field visits to Katanga province in September 2011 to carry out research on the mining sector in relation to the OECD due diligence guidance and supplement other information available from desk research.  This also aimed to introduce concepts of risk assessment and audit to local Government, operators, industry and other stakeholders.

 

 

Syndicate content

 

Design and hosting by vacilando.org.