Globe Specialty Metals - SI-Produzent - 500 Beiträge pro Seite

[meinolf67]

leider leider bin ich wieder zum Hijacken einer anderen Aktie gefunden, da Wdiese noch nicht kennt:

WKN: A0MZ1R

gehandelt am AIM in London, notiert in US-Dollar

Man produziert angeblich etwa 20% der WELTproduktion von metallurgischem SI UND will jetzt auch umg-SI für Solar anbieten.

Deswegen erschien mir Timminco als der richtige Aufhänger...

[meinolf67]

RNS Number:9124T Globe Specialty Metals, Inc 07 May 2008

Globe Specialty Metals, Inc.

7 May 2008

Globe Specialty Metals, Inc. (AIM: GLBM.L) is pleased to announce the appointment of John P. O'Brien as Chairman of the Audit Committee and member of its Board of Directors.

John Patrick O'Brien is the Managing Director of Inglewood Associates, a professional services and investment firm. Prior to joining Inglewood, Mr. O'Brien enjoyed a 27 year career at Price Waterhouse where he served as the Southeast Regional Manager and a member of that Firm's Board and Management Committee.

Mr. O'Brien, age 66, has served on a number of Boards and is currently the non-Executive Chairman of the Board of Directors for Century Aluminum Company (NASDAQ:CENX), an aluminum manufacturing company headquartered in Monterey, CA. Mr. O'Brien has been a member of Century's Board since 2000, and has also served as Chairman of the Audit Committee. Mr. O'Brien's prior Board experience includes Preformed Line Products (NASDAQ:PLPC), Oglebay Norton Company (NASDAQ), American Italian Pasta Company (NYSE), International Total Services Company (NASDAQ), and Equivest, Inc. (AMEX).

"We are delighted to have Mr. O'Brien as the Chairman of the Audit Committee of our Board of Directors," said Alan Kestenbaum, Globe's Chairman and Chief Executive Officer. "Mr. O'Brien brings to our Board a wealth of experience in the financial and business world. I look forward to working closely with Mr. O'Brien as we continue to grow our business."

[meinolf67]

RNS Number:7977T Globe Specialty Metals, Inc 06 May 2008

Globe Specialty Metals, Inc. ('Globe' or the 'Company')

Holding(s) in Company

6 May 2008

Globe has been informed that as at 1 May 2008, Luxor Capital Group LP holds 9,898,429 shares of the outstanding 63,050,416 common shares and 7,387,799 warrants of the outstanding 19,046,910 warrants to subscribe for common stock in the Company, representing 15.7% of the issued share capital and 38.8% of the issued warrants respectively. The warrants are not voting securities unless they are converted into shares of common stock.

[meinolf67]

RNS Number:5407T Globe Specialty Metals, Inc 01 May 2008

The following announcement replaces announcement number 4952T released at 07.00 on Thursday 1st May. This is due to an error in the second paragraph which has now been corrected.

Globe Specialty Metals, Inc.

Solar grade silicon supply agreement with BP Solar International

1st May 2008

Globe Specialty Metals, Inc. (AIM: GLBM.L) is pleased to announce that its subsidiaries, Solsil, Inc. ('Solsil") and Globe Metallurgical, Inc. have entered into an agreement with BP Solar International Inc. (" BP Solar ") The agreement provides for the sale from Solsil to BP Solar of certain amounts of solar grade silicon on a take or pay basis which can be doubled at BP Solar's option. Additionally BP Solar and Solsil will deploy certain existing BP Solar silicon technology at Solsil's facility and will jointly develop new technology to enhance Solsil's proprietary upgraded solar silicon metallurgical process. Solsil expects to expand its capacity by building a new facility where this technology will be deployed. Under the terms of the agreement, Solsil and BP Solar will both contribute towards the costs of the technology development. Solsil expects to begin shipping under the contract before the end of 2008 with contracted volumes increasing annually through 2011. The term of the contract can be extended through 2014 at the option of BP Solar, also in increasing volumes.

"We are excited about our new contract with BP Solar," said Alan Kestenbaum, Chairman and CEO of Globe Specialty Metals, Inc. "We have the opportunity to supply to and collaborate with an industry leader for further accelerating development of our existing metallurgical process technology for the cost effective production of solar grade silicon. The contract is consistent with our goal of continuous quality and process improvement to benefit our customers."

BP Solar, part of BP Solar Alternative Energy, is a global company with over 2300 employees. BP Solar designs, manufactures and markets products which use the sun's energy to generate electricity for a wide range of applications in the residential, commercial and industrial sectors. With over 30 years of experience and installations in more than 160 countries, BP Solar is one of the world's leading solar companies having 228MW annual manufacturing capacity in 2007, plus another 700MW capacity under construction. BP Solar has solar cell and module manufacturing plants in Sydney, Australia; Bangalore, India; Madrid, Spain; and Frederick, MD, USA; and module manufacturing in Xi'an, China. In Frederick it also has casting and wafering facilities.

Globe Specialty Metals, Inc. is a leading global producer of various grades of Silicon metal and Silicon metal alloys with production and mining facilities in the United States in Ohio, West Virginia, Alabama as well as in Brazil and Argentina. Globe employs over 1,800 people worldwide. Globe's corporate offices are located in New York, New York USA.

[meinolf67]

LONDON (Thomson Financial) - Globe Specialty Metals Inc. said its subsidiaries, Solsil Inc. and Globe Metallurgical Inc., have signed an agreement with BP Solar International Inc. for the sale of solar grade silicon from Solsil to BP Solar on a take or pay basis.

The company said BP Solar and Solsil will also deploy certain existing BP Solar silicon technology at Solsil's facility and will jointly develop new technology to enhance Solsil's proprietary upgraded solar silicon metallurgical process.

Solsil expects to expand its capacity by building a new facility where this technology will be deployed, and Solsil and BP Solar will both contribute towards the costs of the technology development. [e-mail] ans/jlc

[meinolf67]

Antwort auf Beitrag Nr.: 34.064.230 von meinolf67 am 09.05.08 13:00:54

gezwungen, nicht gefunden... ts, ts, ts,...

[meinolf67]

So consolidating, integrating and streamlining a silicon business makes sense in terms of economy of scale and adaptability to changes in demand; especially when you are dealing with a product with such a baffling array of applications.

Back in 2006, Globe Speciality Metals was plain old "International Metal Enterprises, Inc", which had about US$187 million in the bank and styled itself as a "blank check company". As you may have gathered from the use of "Inc" and "check", International Metal Enterprises (IME) was based in the US of A, so it would not be immediately obvious that the company was listed on London's AIM market. IME was formed to write cheques (in the form of cash, stock or debt) "to effect a business combination in the mining and metals industry". In other words, the company was formed to get down to some mergers and acquisitions in the mining and metals sector. So which part of the metals and mining business was in IME's sights? Well it turned out to be "silicon", so get ready for some lists - lists on the uses of silicon and a list of Globe's acquisitions!

Given that IME was to focus on the mining and metals industry, I wondered, "Is silicon a metal?" As silicon is made out of feldspar or quartz, which comes out of the ground, it is clearly "mined" …but is it a metal? Well, according to the Mineral Information Institute, silicon is semi-metallic or "metalloid", because it has several metallic characteristics. It alloys with a variety of metals, including iron, aluminium, copper, nickel, manganese and ferrochromium, and it also conducts electricity half-heartedly – which makes it a semiconductor. Common-all-garden silicon is known in the metals and chemicals industries as "silicon metal", and the ultra pure form is known as "semiconductor-grade silicon." In the USA, silicon metal accounts for 53% of silicon consumption with ultra pure silicon accounting for the remaining 47%.

Ultra-pure silicon wafers are used in the manufacture of transistors, solar cells, integrated circuits, microprocessors, semiconductor detectors and LCDs. Silicon metal is used to improve the quality and strength of steel. It is used in tool steels, in the manufacture of stainless steels, carbon steels, high-strength-low-alloy steels, and electrical steels. Silicon metal is also used to improve the weld-ability and cast-ability of aluminium – particularly in the automotive industry. Silicon metal (Si) is also used in the production of silanes (SiH4), silicones ([methyl, ethyl, or phenyl + 2SiO]n), and fumed silica (SiO2).

Silanes are used in the manufacture of polymers and composites, lubricants, anti-foaming agents, water-repellent compounds, silicone resins, titanium implant coatings, graffiti protection coatings for masonry, to initiate combustion in ram jets …and to make magic (un-wettable) sand!

Silicone applications include moisture-proofing, hydraulic fluids, production casts for resins, structural foams, rubber, low temperature alloys, fire-stops in buildings, sealant for gaps and joints in buildings, aquarium joints, lubricants for brakes, brass taps and valves, bicycle chains and door hinges, insulation for spark plug leads, potting (or casing) electronic components, automotive gaskets, environmentally friendly dry cleaning solvent (liquid silicon), hair conditioner additive (to lessen frizz), bandages and dressings, menstrual cups, behind-the-ear hearing-aid moulds, breast implants, boilable sex toys and juggling balls.

Fumed silica is used in heat insulation, as fillers for rubbers and plastics, coatings, adhesives, refractory cements, sealants, polymers, cosmetics, synthetic rubbers, abrasives, pharmaceuticals, inks, grouts and oil-well conditioners.

Blimey!

In October 2006, IME acquired Globe Metallurgical, Inc through a reverse takeover, changed its name to Globe Specialty Metals and became, at a stroke, one of the world's most efficient and largest producers of high-purity silicon metal and a leading producer of high-grade, silicon-based alloys. For the six months to the end of June 2006, Globe Metallurgical's revenues were US$114 million; the latter part of that period had been weak but this was followed by a profit of $1.4 million in September. The net consideration for the acquisition of this company was US$187 million including US$47.5 million in shares. Globe Specialty Metals gained five furnaces in Ohio, and five in West Virginia, two in Niagara Falls (currently idle) and two in Alabama, where they also acquired an operating quartzite mine. The company also gained a couple of hundred North American customers for silicon metal, specialty alloys and ferroalloys. Ferroalloys are alloys of iron with a high proportion of another element - silicon in this case – and lumps of ferroalloy are used as a raw material in the production of steel alloys. Globe's North American customers operate a wide range of businesses including silicone compounds, aluminium, ductile iron, automotive parts, steel, photovoltaic solar cells and electronic semiconductors.

In November 2006, Globe acquired Stein Ferroaleaciones paying US$35.2 million in cash. Stein is based in Buenos Aires, operating an alloy smelting plant in Mendoza, Argentina, with finishing plants in both Argentina and Poland. The company's revenue for the year ending 30 June 2006, was about US$37.5 million with $US5.8 million estimated earnings before interest, taxes, depreciation and amortization, with net assets of $US16.6 million. Stein's products are used mainly in the manufacture of steel, ductile iron, machine parts, auto parts and pipes. At the time of the acquisition, Stein was shipping its products to about 90 customers in 50 countries - including 30 customers in North America and another 30 in Europe. By acquiring Stein, Globe broadened its product mix to include calcium silicon and cored wire – used during the production of steel and iron. As part of the Stein group, Globe also acquired a majority stake in two Argentine hydroelectric power companies which are under long-term contract to supply electricity to Stein's plants at favourable terms.

In Feb 2007, Globe acquired Camargo Corrêa Metais, one of Brazil's largest producers of silicon metal and silica fume. Its manufacturing plant, located near the Tucuruí hydroelectric dam, has four furnaces. In 2006, CCM produced 42,000 tonnes of silicon metal, exporting 90% of this to Europe. CCM's estimated earnings before interest, taxes, depreciation and amortization for the year ended 31 December 2006, were approximately US$4.73 million and Globe acquired the company for US$40.8 million. Globe Metais is the only Brazilian silicon producer to market its silica fume, rather than release it into the environment. Silica Fume, or micro-silica, is a by-product of making silicon that is commonly discharged into the environment – however, it can be trapped and sold. Globe Metales, Argentina, supplies its silica fume directly to concrete producers. Globe's US plants also routinely sell their silica to Norchem – a 51% owned subsidiary focused on the silica fume market (the stake in Norchem was acquired at the time of the initial US acquisitions). The Camargo Corrêa Metais acquisition also included quartzite mines and 45,000 hectares of forestry in Brazil.

In February 2008, Globe subsidiary, West Virginia Alloys, signed an agreement with Recycled Energy who will invest US$45 to $55 million in plant which will utilise hot exhaust gases to generate up to 44 megawatts of electricity, thus offsetting about a third of West Virginia Alloys' electricity consumption, starting in 2010. Also in February 2008, Globe acquired 81% ownership of Solsil with 628,657 new Globe shares. Solsil is a producer of high purity silicon, manufactured using a proprietary metallurgical process, and a supplier of silicon to several world-class manufacturers of photovoltaic cells, ingots and wafers. Interestingly, Alan Kestenbaum - Chairman and Chief Executive Officer of Globe - is also a director of Solsil and is under contract to put twenty five percent of his working time into Solsil.

Globe now boasts that its customers include Hemlock Semiconductor – headquartered in Michigan and 63% owned by Dow Corning Corporation; Wacker Chemie AG – headquartered in Munich; and Renewable Energy Corporation - headquartered in Norway. We can all comprehend that the demand for both silicon and industrial metals is growing alongside the demand for industrial and consumer products in Brazil, Russia, India and China. So consolidating, integrating and streamlining a silicon business makes sense in terms of economy of scale and adaptability to changes in demand; especially when you are dealing with a product with such a baffling array of applications. Did I mention that silicon dioxide (E551) is used as an anti-caking agent in food, to remove protein and yeast in beer and wine, and as anti-foaming agent?


You have probably noticed that Globe takes its energy costs seriously – not surprising when you read that the Norwegian Institute of Technology's SINTEF research group predicts that the ongoing rapid growth in solar cell usage will outstrip all other uses of silicon by 2020. I expect you recall that Solsil, now 81% owned by Globe, uses a proprietary process to manufacture silicon which it supplies to several world-class manufacturers of photovoltaic, or solar, cells. Clearly Globe Speciality Metals is one for your watch list if you believe that the recent price spikes of oil, coal and uranium are a foretaste of things to come. Like I say - "2020 vision"!

[meinolf67]

21.05.2008 17:50
Globe Specialty Metals to invest $60 million in New York manufacturing facility

LONDON (Thomson Financial) - Globe Specialty Metals Inc. (News) said it will invest $60 million in reopening and expanding its upstate New York manufacturing facility, creating 500 jobs.

Globe will re-open the existing Highland Avenue silicon production facility in Niagara Falls and invest in upgrading the equipment to produce approximately 30,000 tons of metallurgical grade silicon annually.

In addition, it will build a new 100,000 square foot facility in Niagara Falls to annually convert their metallurgical grade silicon into 4,000 tons of Solar Grade silicon- enough to produce 500 MW of solar power.

The producer of silicon metals said Empire State Development (ESD) and New York Power Authority (NYPA) have announced a major economic development package for Niagara County that will bring hydropower from the Niagara Power Project and that will serve as the linchpin for the reopening and expansion of manufacturing facilities of Globe in Niagara Falls.

ESD and NYPA created a package that provides Globe with 40 MW of hydropower over five years and up to $25,000,000 in Empire Zone benefits for up to ten years.

[meinolf67]

[June 01, 2008]

Falls puts hopes in 'green' hydropower: Sees power-hungry industries as a key to economic future

(Buffalo News, The (NY) (KRT) Via Acquire Media NewsEdge) Jun. 1--When Globe Specialty Metals sets up shop in Niagara Falls next year, it will join established hydrogen producer Praxair, becoming the latest company attracted to the clean, plentiful hydropower of Niagara Falls.

As Globe and Praxair embrace the future of green technology, they showcase the power of the Falls as the ultimate green energy source. And who better to do so than two companies with such intense energy needs?

"Energy is the largest operating cost for Praxair," said Susan Szita- Gore, the company's director of corporate communications. "A reliable power source is critical."

At Globe, power costs account for 30 percent of manufacturing expenses, making the company's 40- megawatt recent grant of low-cost power from the State Power Authority indispensable.

But why are these companies so power thirsty?

"Making hydrogen and silicon generally requires a very high and very even temperature, which requires a lot of energy," said Harvey G. Stenger, dean of the University at Buffalo School of Engineering and Applied Sciences, and professor of chemical and biological engineering.

Hydrogen and silicon are two of the most abundant elements in the universe. But because neither is readily found by itself, extracting the elements is the tricky part.

Heating natural gas to a very high temperature, then reacting it with water, creates hydrogen gas and carbon monoxide. Removing the bulk of the carbon monoxide is easy enough, but extracting its tiny remaining impurities gets a bit more energy intensive, Stenger said.

The same is true for silicon, which is made when silicon dioxide is reacted with hydrogen.

Separating silicon from oxygen in raw materials like sand is only the first step of silicon production. Purifying it to premium-grade silicon, as will be done at Globe, involves heating it to a molten slurry above 4,000 degrees.

"That last step requires a lot of voltage," said Stenger. "Making very high-quality, very pure silicon requires a lot of control."

The lure of Niagara's power signals a return to the region's original industrial draw. After all, before the advent of alternating current, it was the need to be physically near a direct power source that brought companies to the area a century ago.

"The company that evolved into Praxair was attracted to the area as far back as 1907 when it built the first commercial oxygen plant in North America in Buffalo," said Szita-Gore. "A reliable source of power was a factor in the decision to locate in Buffalo even then, along with access to growing industries in the Great Lakes area."

Local officials hope Niagara Falls' clean power will stimulate the area's green economy in a similar way, with seeds planted by companies like Praxair and Globe.

"Niagara's second great 'Green' era has arrived . . . We are once again regaining control over our destiny," wrote Niagara Falls Mayor Paul Dyster in a recent column.

The silicon Globe will make is destined for photovoltaic solar panels. And petroleum refiners use Praxair's hydrogen to cut smog emissions by removing sulfur from transport fuels. The most notable green possibility of hydrogen is the permanent replacement of gas-powered vehicles with cleaner hydrogen-powered ones.

But Praxair's ties to the green economy go deeper. Its oxygen-based oxy-combustion technology reduces harmful emissions in steel, cement and glass production. Municipalities and corporations use its oxygen- based water treatment systems to help clean up wastewater, and it is now helping Beijing prepare drinking water for the 2008 Olympics.

"Approximately two-thirds of Praxair's annual revenue is derived from our gases and applications technologies which help our customers reduce their environmental footprint, improve their energy efficiency, or increase yield of their production, decreasing their use of raw materials," said Szita-Gore.

The Connecticut-based Praxair employs nearly 1,300 workers in Niagara Falls and Tonawanda. Globe Specialty Metals will spend $60 million rebuilding and reopening an idle Highland Avenue plant, and is expected to bring 500 jobs to Niagara Falls over the next three years.

Stenger said the renaissance's green undertones might make an industrial surge in Niagara Falls seem even sweeter the second time around. But, when all is said and done, he said, green technology will take whatever power source it can get.

In fact, Buffalo Niagara's ready electricity delivery infrastructure, laid by predecessors like the Hooker Chemical and Plastics Corp., could be just as much of an incentive as the green hydropower of the Falls itself, he said.

"Electricity is electricity, wherever you get it," said Stenger. "Energy from a waterfall does sound good. But, where it comes from just doesn't matter."

[meinolf67]

Globe Specialty Metal appoints Jeff Bradley as CEO

LONDON (Thomson Financial) - Globe Specialty Metals Inc. said it has appointed Jeff Bradley as its chief executive replacing Alan Kestenbaum who will remain executive chairman of the board.

Bradley was chairman of the board and CEO of Claymont Steel from 2005 through February this year, the producer of silicon metal and silicon-based specialty alloys said. [e-mail] ume/bsu/slm

[meinolf67]

RNS Number : 9250W Globe Specialty Metals, Inc 17 June 2008

Globe Specialty Metals, Inc. (the 'Company')

Holding(s) in Company

17 June 2008

The Company has been informed that as at 13 June 2008, Silicon Metals Holding LLC holds 2,921,962 shares of the outstanding 63,050,416 common shares representing approximately 4.63% of the issued share capital.

[meinolf67]

aha:

25.07.2008 21:33
Globe Specialty Metals, Inc. Files Registration Statement with the SEC for an Initial Public Offering

Globe Specialty Metals, (News) Inc. (the ”Company“) announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering in the United States of its common stock. A portion of the shares of common stock to be offered are proposed to be issued and sold by the Company and a portion are proposed to be sold by certain stockholders of the Company.

Credit Suisse Securities (USA) LLC, Jefferies&Company, Inc. and J.P. Morgan Securities Inc. will act as joint book-running managers for the proposed offering.

A copy of the prospectus relating to these securities may be obtained, when available, from: Credit Suisse Securities (USA) LLC, One Madison Avenue, 1B, New York, NY 10010, Attention: Prospectus Department (tel: [phone]), Jefferies&Company, Inc., 520 Madison Avenue, 12th Floor, New York, NY 10022, Attention: Equity Capital Markets (tel: [phone]) or J.P. Morgan Securities Inc., 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, Attention: Prospectus Department (tel: [phone]).

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.

About Globe Specialty Metals, Inc.: Globe Specialty Metals, Inc. is a producer of silicon metal and silicon-based specialty alloys, which are important ingredients in a variety of industrial and consumer products. Our customers include silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, and manufacturers of photovoltaic solar cells and electronic semiconductors. The Company's headquarters are in New York City.

[meinolf67]

Globe Specialty unit closes on $75 mln facility; names Malcolm Appelbaum CFO
09.19.08, 12:56 PM ET


LONDON (Thomson Financial) - Globe Specialty Metals, Inc. said its subsidiary Globe Metallurgical Inc. Thursday closed on a $75 million credit facility. The group also said it has appointed Malcolm Appelbaum its new chief financial officer, effective Sept. 21.

Appelbaum replaces Daniel Krofcheck.

Under the arrangement, Globe Metallurgical, Inc. closed on its $75 million credit facility, comprising a secured term loan of $40 million and a revolving facility of $35 million.

[gasadi]

...wie's aussieht wurde in Toronto gestern nicht gehandelt - Timminco könnte Nachholbedarf haben...

gasadi

[meinolf67]

RNS Number : 4674K
Globe Specialty Metals, Inc
19 December 2008




Globe Specialty Metals, Inc.


Globe Specialty Metals Announces Share Buyback Program


New York, N.Y., December 19, 2008 - Globe Specialty Metals (AIM: GLBM.L) today announced that its Board of Directors approved a share repurchase program that authorizes the Company to repurchase up to $25 million of the Company's common stock during the ensuing six months. The program does not obligate Globe to acquire any particular amount of shares and may be modified or suspended at any time at the Company's sole discretion.


Shareholders interested in discussing the program or selling shares are encouraged to contact Stephen Lebowitz at + 1 212 798 8122.

[meinolf67]

Beende diesen Thread, weil ich jetzt die richtige WKN gefunden habe.

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Thread: Globe Specialty Metals - einer der größten m-Si Produzenten