latest news releases from the newsroom
Port of Houston Authority International Corporation
POHAIC, GEL Sign Major Business Agreement
HOUSTON, Feb. 16, 2005 (PRIMEZONE) -- The Port of Houston Authority International Corporation (POHAIC) on Tuesday signed an agreement with Grupo Empresarial Logistik (GEL) during a special ceremony in the 4th floor gallery outside the Board Room at the Port of Houston Authority Executive Building, located at 111 East Loop North in Houston, Texas. Under terms of the agreement, POHAIC will consult GEL in the development of the first inter-modal terminal and strategic foreign trade zone in Mexico - ultimately creating a major logistical corridor between Houston and central Mexico for global manufacturers and retailers. At an initial cost of $115,000, POHAIC will help GEL develop a business plan and identify sources of capital.
Proposal for the election of Board members in D. Carnegie & Co. AB
STOCKHOLM, Sweden, Feb. 17, 2005 (PRIMEZONE) -- The nomination committee in D. Carnegie & Co AB (Carnegie) today announces its proposal for the election of Board members in Carnegie at the AGM on 17 March 2005. The nomination committee consists of Mats Lagerqvist, Robur (chairman), Anders Lannebo, Lannebo Fonder and Mikael Nordberg, Firstnordic Fonder. Lars Bertmar, Chairman of Carnegie's Board, has been adjourned to the committee.
Notice to Carnegie's AGM on 17 March 2005
STOCKHOLM, Sweden, Feb. 17, 2005 (PRIMEZONE) -- The Shareholders of D. Carnegie & Co AB (publ), company number 556498-9449 (hereinafter referred to as the "Company") are hereby given notice to attend the Annual General Meeting of the Shareholders on Thursday, 17 March 2005, at 3.00pm at, Skansen, Solliden, Stockholm, Sweden.
Doro First to Report Using New Corporate Governance Code
STOCKHOLM, Sweden, Feb. 17, 2005 (PRIMEZONE) -- As the first company in Sweden, Doro can today show how to use the new corporate governance code in an Annual Report. At a capital markets meeting in Stockholm, Doro is presenting its new Annual Report and explaining how its strategic work is progressing. The company is also promoting its investments in IP telephony and a wider range of accessories for portable electronic products.
DSM Again Increases Dyneema Production
HEERLEN, The Netherlands, Feb. 17, 2005 (PRIMEZONE) -- DSM announced today that in view of continued increasing customer demand it will invest over USD 50 million to build a new fiber line in Greenville, North Carolina (U.S.), and boost production in Heerlen (The Netherlands) by 10%. The new Greenville line will increase U.S. fiber production capacity by more than 50%. This is the fifth expansion in Dyneema(r) fiber capacity since 2001 and the third in Greenville since 2003. By adding the extra line in the U.S. DSM Dyneema will become the largest manufacturer of HPPE fiber on U.S. soil. DSM expects to complete the new line in the third quarter of 2006. With this expansion, the total global Dyneema(r) capacity will rise to 2.5 times by 2006, compared to installed capacity in 2000. In the same time span UD capacities increase fivefold.