latest news releases from the newsroom
New addition to Billerud's fluting range
STOCKHOLM, Sweden, July 20, 2004 (PRIMEZONE) -- Billerud is launching a low-grammage fluting grade -- Billerud Flute 99 g/m2. The product is specially suited for food packaging made using microwell, such as cases for pizza and other take-away foods.
Billerud opens Representative Office in China
STOCKHOLM, Sweden, July 20, 2004 (PRIMEZONE) -- Billerud AB has set up a representative office in Shanghai, China. This is done in order to build-up knowledge with the view of future expansion of the business in China.
Smiths to provide Thrust Reverser Actuation for Power Optimised Aircraft
FARNBOROUGH, U.K., July 20, 2004 (PRIMEZONE) -- Smiths Aerospace has been selected by Hurel-Hispano to provide the next generation Electro-Mechanical Thrust Reverser Actuation and the Power Drive Unit for the power optimised aircraft (POA) Thrust Reverser Actuation. The POA Thrust Reverser Actuation System is being developed as part of the Technology Platform within the European Community (EC) 5th Framework Programme. The system will be designed and manufactured by our Engine Systems business unit with hardware deliveries in the fourth quarter of 2004 and the technology development programme demonstration performing through 2005. Hurel-Hispano is responsible for ETRAS equipment integration and will perform integrated ETRAS performance tests
Extraordinary general meeting in Biotage -- Authorization to the Board
STOCKHOLM, Sweden, July 20, 2004 (PRIMEZONE) -- The Extraordinary General Meeting of Biotage has today resolved to authorize the Board of Directors to issue new shares not exceeding in total 5,700,000 new shares, with or without deviation from the shareholders' pre-emption rights, to be paid for in cash, through an issue in kind or through set-off. Issues may be made in order to finance company acquisitions or to strengthen the company's capital base and equity/assets ratio. In connection with a directed issue against payment in cash, the subscription price for the new shares shall be determined in close connection with the share price for the Biotage share on Stockholmsborsen (the Stockholm stock exchange) at the time of the new issue.
Saab Ericsson Space and ALCATEL signs Long Term Agreement for Spacebus Primary Satellite Structures
LINKOPING, Sweden, July 20, 2004 (PRIMEZONE) -- "This is our first agreement with ALCATEL covering this product. We are very pleased to conclude that the qualification testing covering extended capabilities of both the SB3000B3 and SB4000C1 has been successfully completed in Linkoping," says Jorgen Remmelg, General Manager of the Mechanical Products Division at Saab Ericsson Space. An ALCATEL and Saab Ericsson Space Integrated Product Team has done great job in developing a product that will maximize the end customer value, adds Remmelg.
Northrop Grumman Corp.
First Upgraded Northrop Grumman-Built Global Hawk UAV Achieves First Flight
FARNBOROUGH 2004 AIR SHOW, U.K., July 20, 2004 (PRIMEZONE) -- The first air vehicle in a new production lot of upgraded RQ-4A Global Hawk unmanned aerial reconnaissance vehicles made its maiden flight on July 1. Designated AF-3, the newest Global Hawk flew from Northrop Grumman Corporation's (NYSE:NOC) manufacturing facility in Palmdale, Calif., to the Flight Test Center at Edwards Air Force Base.