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Amcor Will Focus on Making Flexible and Rigid Plastic Packaging and Tobacco Packaging

Aug 9, 2013

In a statement published today (1 August), the global packaging giant said the time was right to split its Australasia and Packaging Distribution (AAPD) business from Amcor's other operations. Amcor said the demerger of AAPD into a ...

Tags: Packaging, Printing

Aplix Reclosable Pack Is Selected by Anchor Cheddar

Aug 9, 2013

The polyethylene closure system, called Easy-Lock, is made of self-mating micro-hooks. Aplix said that consumed find it easy to use and the pack helps reduce food waste by keeping products fresher for longer. 'Innovation' Aplix UK ...

Tags: Packaging, Printing

The $340m Investment Represents The Largest Capital Expansion by Novelis in South America

Aug 9, 2013

The expansion increases production capacity at the plant by more than 50% to greater than 600,000 metric tons of aluminium sheet per year. The $340m investment represents the largest capital expansion by Novelis in South America in the ...

Tags: Packaging, Printing

Havertys Said Second-Quarter Profits More Than Doubled on a 12.9% Increase in Sales

Aug 9, 2013

Top 100 retailer Havertys said second-quarter profits more than doubled on a 12.9% increase in sales. The company, which has 119 stores in the South and Midwest, said same-store sales rose 11.2% and the average ticket was up 7.7%. Net ...

Tags: Furniture, Furnishing

NeoPhotonics Reported Record Revenue of $75m

Aug 9, 2013

For second-quarter 2013, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for ...

Tags: Electrical, Electronics

Group Also Posted a 60% Rise in Underlying Earnings Per Share

Aug 8, 2013

The group also posted a 60% rise in underlying earnings per share (EPS) to €49.4 cents for the six months ended June 2013. Group revenue rose to €3.342bn from €2.819bn. Underlying operating profit was 35% higher at ...

Tags: Packaging, Printing

The Ifo Indicator for The Economic Climate in The Euro Area Improved

Aug 7, 2013

The Ifo Indicator for the economic climate in the euro area improved, but remains below its long-term average value. The current economic situation in the euro area brightened only slightly and remains at a low level overall. Expectations ...

Tags: economy

ArcelorMittal Announces a Huge Second Quarter Loss

Aug 6, 2013

ArcelorMittal, the world's largest manufacturer of steel announced a huge second quarter loss. The Luxembourg based steelmaker reportedly recorded a second quarter loss of US$780 million, taking losses incurred by the company thus far ...

Tags: ArcelorMittal, Mineral

Alba Releases Its Financial Result for The First Half of This Year

Aug 6, 2013

Aluminium Bahrain (Alba), one of the largest aluminum smelters in the world released its financial result for the first half of this year. In the first half of this year, Alba’s sales profits increased by 7% year on year even ...

Tags: Aluminium Bahrain, Mineral

The Carbon Steel Plate Price Keeps Stable on The Italian Market

Aug 6, 2013

In the recent half a month, the carbon steel plate price kept stable on the Italian market. Since the end of July, the transaction volume increased thanks to the rebounding demand for replenishing the stock and some end users. ...

Tags: Carbon Steel Plate

Dow Corning Announced Sales of $2.69 Billion and Net Income of $149 Million

Aug 5, 2013

On July 31, Dow Corning Corp. announced sales of $2.69 billion and net income of $149 million for the first half of 2013. Dow Corning's year-to-date sales and adjusted net income were down 13 percent and 9 percent, respectively, compared to ...

Tags: economy

BASF Increased Sales by 3% in The Second Quarter of 2013 to Just Under €18.4 Billion

Aug 5, 2013

BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...

Tags: Construction, Decoration

The Course of The First Half of 2013 for Titan Cement Company

Aug 5, 2013

In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...

Tags: Construction, Decoration

Global M&A Activities(Mergers and Acquisitions)Decreased Again in The First Half of 2013

Jul 30, 2013

Global M&A activities (mergers and acquisitions) decreased again in the first half of 2013. The ZEW-ZEPHYR M&A Index reflects the completed mergers and acquisitions worldwide. Its current downturn has started in mid-2011. In Germany, by ...

Tags: service, economy

The Government Debt to GDP Ratio in The Euro Area (EA17) Stood at 92.2%

Jul 30, 2013

At the end of the first quarter of 2013, the government debt to GDP ratio in the euro area (EA17) stood at 92.2%, compared with 90.6% at the end of the fourth quarter of 2012. In the EU27 the ratio increased from 85.2% to 85.9%. Compared ...

Tags: Government Debt, GDP ratio