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Zoltek
Zoltek ( until 2014) is a materials company headquartered in St. Louis, MO that engages in the development, manufacture, and marketing of commercial carbon fiber for various applications. Their primary customers are in the sectors of wind energy, alternative energy, lightweight automobiles, construction and infrastructure, and oil exploration. Zoltek sells commercial carbon grade carbon fibers under the Panex trade name, and oxidized acrylic fiber under the Pyron trade name.Johnson, ToddCarbon Fiber Manufacturers.About.com. History Zoltek is named for its founder, engineer Zsolt Rumy, who as a youth immigrated with his family to the United States from Hungary. It began as an industrial equipment and services company, and shifted into a carbon fiber producer after a business acquisition in 1988. In 1992, Zoltek's IPO raised $4 million, which was primarily used to build their first continuous carbonization line for the textile-type precursor. Since then, Zoltek has taken steps ...
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Carbon Fiber
Carbon fiber-reinforced polymers (American English), carbon-fibre-reinforced polymers (Commonwealth English), carbon-fiber-reinforced plastics, carbon-fiber reinforced-thermoplastic (CFRP, CRP, CFRTP), also known as carbon fiber, carbon composite, or just carbon, are extremely strong and light fiber-reinforced plastics that contain carbon fibers. CFRPs can be expensive to produce, but are commonly used wherever high strength-to-weight ratio and stiffness (rigidity) are required, such as aerospace, superstructures of ships, automotive, civil engineering, sports equipment, and an increasing number of consumer and technical applications. The binding polymer is often a thermoset resin such as epoxy, but other thermoset or thermoplastic polymers, such as polyester, vinyl ester, or nylon, are sometimes used. The properties of the final CFRP product can be affected by the type of additives introduced to the binding matrix (resin). The most common additive is silica, but other addi ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Toray Industries
is a multinational corporation headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry. Its founding business areas were fibers and textiles, as well as plastics and chemicals. The company has also diversified into areas such as pharmaceuticals, biotechnology and R&D, medical products, reverse osmosis big membranes, electronics, IT-products, housing and engineering, as well as advanced composite materials. The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100 and Nikkei 225 stock market indices. History Toray Industries had been originally established as Toyo Rayon in 1926 by Mitsui Bussan, one of the two largest Japanese trading companies (''sogo shosha'') of the time (the other being Mitsubishi Shoji). The fact that Mitsui did not allow the company to be named as a Mitsui company indicates their skepticism of the risk on t ...
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Zsolt Rumy HD2009 Winthrop-Sears Medal Portrait
Zsolt () is a Hungarian masculine given name, originally a variant of ''Solt''. Related names * Zsolt: old Hungarian personal name, with an identical origin to the names ''Zoltán'', ''Zsolt'' and possibly ''Csolt''. Derived from the old Turkish word "sultan". Name-day * April 10 * October 21 * November 20 People with the given name * Zoltán of Hungary, also known as Zsolt * Zsolt Balázs * Zsolt Bárányos * Zsolt Baumgartner * Zsolt Bayer, commentator for ''Magyar Hírlap'' * Zsolt Bedák * Zsolt Bodoni (born 1975), Hungarian painter * Zsolt Borkai * Zsolt Erdei * Zsolt Gyulay * Zsolt Haraszti * Zsolt Harsányi * Zsolt Horváth (other) * Zsolt Kalmár * Zsolt Korcsmár * Zsolt Kosz * Zsolt Kürtösi * Zsolt Laczkó * Zsolt Nagy (other), several people * Zsolt Nemcsik * Zsolt Németh (other) * Zsolt Szabó (other) * Zsolt Szeglet People with the surname * Béla Zsolt * István Zsolt István Zsolt (28 June 1921, Budapest – 7 May 1991 ...
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Hungary
Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and Slovenia to the southwest, and Austria to the west. Hungary has a population of nearly 9 million, mostly ethnic Hungarians and a significant Romani minority. Hungarian, the official language, is the world's most widely spoken Uralic language and among the few non-Indo-European languages widely spoken in Europe. Budapest is the country's capital and largest city; other major urban areas include Debrecen, Szeged, Miskolc, Pécs, and Győr. The territory of present-day Hungary has for centuries been a crossroads for various peoples, including Celts, Romans, Germanic tribes, Huns, West Slavs and the Avars. The foundation of the Hungarian state was established in the late 9th century AD with the conquest of the Carpathian Basin by Hungar ...
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Carbonization
Carbonization is the conversion of organic matters like plants and dead animal remains into carbon through destructive distillation. Complexity in carbonization Carbonization is a pyrolytic reaction, therefore, is considered a complex process in which many reactions take place concurrently such as dehydrogenation, condensation, hydrogen transfer and isomerization. Carbonization differs from coalification in that it occurs much faster, due to its reaction rate being faster by many orders of magnitude. For the final pyrolysis temperature, the amount of heat applied controls the degree of carbonization and the residual content of foreign elements. For example, at T ~ 1200 K the carbon content of the residue exceeds a mass fraction of 90 wt.%, whereas at T ~ 1600 K more than 99 wt.% carbon is found. Carbonization is often exothermic, which means that it could in principle be made self-sustaining and be used as a source of energy that does not produce carbon dioxide. In the case ...
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Hostile Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recom ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Extraordinary General Meeting
An extraordinary general meeting, commonly abbreviated as EGM, is a meeting of members of an organisation, shareholders of a company, or employees of an official body that occurs at an irregular time.' The term is usually used where the group would ordinarily hold an annual general meeting (AGM) but where an issue arises that requires the input of the entire membership and is too serious or urgent to wait until the next AGM. Members and/or shareholders must be informed of the purpose of the EGM so that they may attend in a position where they can discuss and exercise intelligent judgment, or else any resolutions passed are invalid.'''' Procedure Before the EGM the board of the organisation will have agreed upon one or more resolutions that will be put to the shareholders or members for approval at the EGM. The wording of the resolution is sent to the shareholders with a note about its importance. The theory is that the board has a better knowledge of the situation, and the reso ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Office Of Foreign Assets Control
The Office of Foreign Assets Control (OFAC) is a financial intelligence and enforcement agency of the U.S. Treasury Department. It administers and enforces economic and trade sanctions in support of U.S. national security and foreign policy objectives. Under Presidential national emergency powers, OFAC carries out its activities against foreign states as well as a variety of other organizations and individuals, like terrorist groups, deemed to be a threat to U.S. national security. As a component of the U.S. Treasury Department, OFAC operates under the Office of Terrorism and Financial Intelligence and is primarily composed of intelligence targeters and lawyers. While many of OFAC's targets are broadly set by the White House, most individual cases are developed as a result of investigations by OFAC's Office of Global Targeting (OGT).Yukhananov, Anna, and Warren Strobel"After Success on Iran, U.S. Treasury's Sanctions Team Faces New Challenges" Reuters, April 14, 2014. Sometime ...
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Manufacturing Companies Based In St
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ...
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