US pasta and pesto manufacturer Armanino Foods has recorded an increase in full-year earnings, despite battling rising raw material prices as a result of the US drought. Net profit amounted to US$2.88bn in the 12 months to the end of ...
Tags: Armanino Foods, full-year earnings, raw material prices
Swiss meat processing company Bell Group has booked an increase in full-year profits, despite what it claims has been a "demanding" market environment. In the 12 months to the end of December, net profit climbed 5.9% to CHF75.8m ...
Tags: meat processing company, Bell Group, full-year profits
The relentless rise in raw materials costs, which has been hitting European coatings producers over the last 2-3 years, has at last been easing. But the relief from the constant pressure of rising input prices may be short lived. The ...
Tags: raw materials costs, European coatings producers, input prices
Indian state-owned steel producer Steel Authority of India Limited (SAIL) has announced its financial results for the third quarter and the first nine months ended December 31, 2012 of the Indian fiscal year 2012-13. Accordingly, in the ...
Tags: steel producer, Steel, Mineral
Reportedly, Finnish stainless steel producer Outokumpu and ThyssenKrupp Nirosta planned to align alloy surcharge price lists from March this year while they were quoted separate alloy surcharge price lists for February this year. ...
CALHOUN, Ga. — January 28, 2013 — Mohawk Industries, Inc. (NYSE: MHK) announced today that it has entered into an agreement to purchase Spano Invest NV ("Spano"), a Belgian panel board manufacturer, for €125 million ($168 ...
On January 29, Jiangsu Province-based Nanjing Iron and Steel Union Co.(NISCO) issued its anticipated financial results for 2012. Accordingly, Nanjing Steel has estimated a net loss of RMB 580 million ($92 million) for 2012, compared to a ...
Tags: Steel, Iron, steel market
Russian steelmaker Novolipetsk Steel (NLMK) has announced its production and sales data for the fourth quarter and full year ended December 31, 2012. According to the company statement, NLMK's crude steel output in the fourth quarter ...
Tags: crude steel output, crude steel, Steel
Scottish food manufacturer Browns Food Group has acquired the Hall's brand from Dutch multi-national Vion for an undisclosed sum, safeguarding 50 jobs. Browns' aquisition of the Hall's brand has saved 50 jobs Browns finance director ...
Tags: Food Group, food manufacturer, meat industry
It’s reported that the Taiwanese steel pipe producers have announced to hike the list prices by NT$800~NT$900/ton for February in order to reflect higher input costs. It’s known that Chung Hung Steel, one of ...
Tags: steel pipe, Taiwan, steel price
Sangam (India) Ltd., one of the leading textile companies with presence in PV (Polyester/ Viscose) Dyed Yarn and Fabrics segment and a fully integrated company from yarn to branded Fabrics, posted robust growth in the third quarter ended ...
Mergers and acquisitions in the food and drink manufacturing sector emerged as a key theme of the Business Leaders’ Forum staged earlier this month in central London by our sister title Food Manufacture. In this exclusive video, ...
Tags: mergers, acquisitions, food and drink manufacturing sector
Korean domestic home appliance producers, including Samsung and LG asked the cold rolled sheet makers to cut the price as much as possible. Every quarter, the producers of household appliance requested the mills to cut the ...
Tags: home appliance, Samsung, LG
India's largest steelmaker JSW Steel (JSW) has announced its latest financial results for the third quarter and the first nine months ended December 31 of the financial year 2012-13. In the third quarter, JSW's crude steel production ...
Tags: Steel, Reduced Profit, Lower Capacity, Mineral
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices