Supported by the commissioning of two lines, the VSF business at Grasim Industries, achieved record sales volume of 100,927 tons, up 8% from a year ago quarter in the second fiscal quarter ending September 2014. “Concerted market ...
Monro Muffler Brake Inc. posted net income of $16.3 million on net sales of $221.3 million for its second quarter ended Sept. 27, 2014. That compares to income of $13.6 million on sales of $205.3 million for the same period last year. The ...
Huber Engineered Materials, a division of J.M. Huber Corporation, has increased capacity at its precipitated alumina trihydrate (ATH) plant in Bauxite, Arkansas by 30 percent. “Huber has a long-term, multi-stage plan to ...
Tags: Huber, fire retardant additives, ATH
Lotte Liqor’s first beer, Kloud, burst onto the market with aplomb. “We expect to bring a change in the history of Korea’s beer industry, often reputed as ‘boring,’ with this kind of real beer,” the ...
Tags: Beer Market, Krones, Packaging
Three respected names in the local material handling / warehouse equipment industry have formed a strategic alliance to deliver maximum efficiency warehouse solutions. Linde Material Handling managing director Carl Smith initiated the ...
Tags: Warehouse Efficiency, New Alliance, Service
Amcor Tobacco Packaging announced plans to close its operations in Neumunster, Germany, and build a new tobacco packaging plant in Indonesia. Amcor is winding up its Neumunster operations owing to the overcapacity in gravure printing ...
Tags: Amcor, Operations, Packaging
Finland-based pulp, paper and energy industry service suppliers Valmet will supply a paper machine to US-based Pratt Industries, which will use the recovered paper to produce recycled linerboard and corrugated medium. The machine ...
Tags: Valmet, Pratt Industries, Packaging
LyondellBasell Industries announced earnings from continuing operations for the second quarter 2014 of $2.22 diluted earnings per share, or $1.17 billion. Second quarter 2014 EBITDA was $1.94 billion. The increase from the first quarter ...
Tags: LyondellBasell, Q2 Ebitda, Textile
Global credit rating agency Standard & Poor's Ratings Services has announced that it has revised the outlook on India-based steelmaker Tata Steel to stable from negative, while affirming its 'BB' long-term corporate credit rating on Tata ...
Tags: Tata, improve, Metallurgy, Mineral
Grasim Industries Ltd., a flagship company of the Aditya Birla Group, has informed the Bombay Stock Exchange (BSE) that it has commenced commercial production at its Greenfield Viscose Staple Fibre (VSF) plant at Vilayat village in Bharuch ...
Returning from 20 – 22 October this year, Yarn Expo Autumn 2014 will be held in hall N4 at the Shanghai New International Expo Centre once again. With an exhibition area standing at 5,000 sqm, nearly 150 overseas and domestic yarn ...
Singapore-based tire manufacturer Giti Tire has announced plans to build a new tire manufacturing plant in Chester County, South Carolina, US with an investment of $560m The new facility is expected to address the growing demand for tires ...
Valin ArcelorMittal Automotive Steel (VAMA) has forayed into the automotive manufacturing with the opening of a new advanced automotive steel plant in China with a total investment of CNY5.2bn ($832m) Located in the economic zone in Loudi ...
Value Lighting, headquartered in Marietta, GA with 75 employees is a leading supplier of lighting solutions to the multifamily residential housing sector and new construction marketplace across the U.S. Value Lighting's 2013 revenues were ...
Tags: LED, LED Lighting, lights
Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...
Tags: Iron Ore, Coal Output