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Progressive Bloggers (Free subscription) | 08/10/2008
At the risk of looking like a complete nut, I hope the Canadian or Saskatchewan government has a plan in place to nationalize the Evraz/IPSCO plant if the Russian/Georgian conflict continues to escalate. Currently Evraz is owned by Russian businessman Roman Abramovich and under a worst case scenario, Regina's steel plant could be supplying profits or material support to a very scary and troublesome...
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Accidental Deliberations (Free subscription) | 06/30/2008
Earlier this year, word came out that the Cons' much-ballyhooed infrastructure program was serving only to keep Regina's IPSCO Place renovations on hold, as the Harper government was evidently too busy trumpeting its own "accomplishments" to get around to actually funding projects once the photo ops were out of the way. It took another month for the Cons to actually get around to approving that particular...
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PR News Wire (Free subscription) | 06/19/2008
LISLE, Ill., June 19 /PRNewswire/ -- TMK, one of the world's largest
oil and gas pipe producers, today announced the appointment of the senior
management team of TMK IPSCO following TMK's recent acquisition of the US
companies and assets of IPSCO's Tubular business from SSAB Svenkst Stal AB
under a back-to-back transaction with Evraz S.A.
Piotr Galitzine has been appointed Chairman of TMK IPSCO,...
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CBC.ca (Free subscription) | 06/17/2008
The IPSCO name was synonymous with a Prairie corporate success story for half a century, but now the name of the formerly Regina-based steel and pipe company is coming down.
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PR News Wire (Free subscription) | 06/13/2008
Name Change Unveiled at North American Operations
PORTLAND, Ore., June 13 /PRNewswire/ -- EVRAZ Group S.A. today
announced it has completed the acquisition of IPSCO Inc.'s Canadian assets.
To ensure consistency in the North American marketplace, Evraz is also
pleased to announce the company's various operations in the U.S. and Canada
will operate under the name, Evraz Inc. NA.
Effective immediately,...
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The Earth Times Online Newspaper (Free subscription) | 06/13/2008
LISLE, Ill., June 13 /PRNewswire/ -- SSAB Svenskt Stal AB today announced its six production sites in North America will now operate under the corporate name, SSAB. Effective immediately, the name change from IPSCO to SSAB impacts the ste...
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Russia News Net (Free subscription) | 04/03/2008
Evraz added it would finance the acquisition with a bridge loan raised at the Evraz level, as well as a non-recourse term loan arranged at the acquired company level.
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Steel Strip World (Free subscription) | 03/17/2008
Russian steelmaker Evraz announced Friday it will buy Canada's IPSCO for $4 billion. Evraz is creating a stronger base in North America for downstream steel products, such as steel plates and tubes, the Russian firm said in a statement. IPSCO Inc. makes steel plate, as well as pipes for the gas and oil industry. "This deal will increase our exposure to the attractive energy and infrastructure sectors...
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Russia News Net (Free subscription) | 03/17/2008
Evraz Group, the country's biggest steelmaker, said Friday that it would pay $4 billion to acquire IPSCO's North American plate and pipe business, making it the biggest deal yet in the company's expan...
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Vive le Canada (Free subscription) | 03/15/2008
With plants in Regina, Calgary and Red Deer, IPSCO Canada is a leading North American producer of steel plates, as well as pipes for the oil and gas industry.
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Russia News Net (Free subscription) | 03/14/2008
The multibillion-dollar deal, announced Friday, is subject to U.S. and Canadian regulatory approval. If it all goes as planned, it will close by mid-year. The seller, Stockholm-based SSAB Svenskt Sta...
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CBC.ca (Free subscription) | 03/14/2008
Eight months ago, the new bosses at the IPSCO mills in Regina, Calgary and Red Deer were Swedes. Now it seems they'll be Russians.
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Russia News Net (Free subscription) | 03/14/2008
Evraz is creating a stronger base in North America for downstream steel products, such as steel plates and tubes, the Russian firm said in a statement. IPSCO Inc. makes steel plate, as well as pipes f...
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Law Blog - WSJ.com (Free subscription) | 03/14/2008
Russian steelmaker Evraz said that it would buy the North American pipe operations of Sweden's SSAB, the latest in a string of foreign purchases by the London-listed firm.
