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Paper Manufacturer Europac Reports Profit Rise 82%

Oct 27, 2017

Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...

Tags: Europac, paper mill

UPM Paper Ena Plans to Close Paper Machine 5 at Blandin Facility in US

Oct 26, 2017

UPM Paper ENA has announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, US in a bid to reduce graphic paper capacity. The closure plan comes as the firm seeks to reduce its the annual coated paper production ...

Tags: UPM Paper ENA, graphic paper

Cherkizovo Group Secures Permission to Export Poultry Products to Iraq

Aug 31, 2017

Russian food firm Cherkizovo Group said that its Vasilyevskaya poultry production facility has received permission to export poultry products to Iraq. The Vasilyevskaya poultry farm, which is Cherkizovo Group’s largest poultry ...

Tags: poultry products, Poultry

Sappi Net Profit Increases in Q3

Aug 8, 2017

Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...

Tags: Sappi

Kush Bottles Hires New Sales Team for Nevada Marijuana Market

Jul 7, 2017

Kush Bottles has hired a new sales and support team, led by Carmen Lam, to handle the rapidly growing legal cannabis market in Nevada. According to ABC News, recreational marijuana sales have exceeded expectations, with long lines outside ...

Tags: Kush Bottles, Bottles

JBS to Divest Beef Operations in Argentina, Uruguay and Paraguay

Jun 9, 2017

Brazil-based meat processing company JBS has agreed to sell its beef operations in three South American markets to companies controlled by Minerva for $300m. Under the deal, JBS’ beef businesses in Argentina, Uruguay and Paraguay ...

Tags: Beef Operations, Minerva

LyondellBasell Announces Shareholder Approval for New Share Repurchase Program

May 25, 2017

LyondellBasell has announced that its Supervisory Board has authorized the company's Management Board to declare a dividend of $0.90 per share, representing a 5.9 percent increase over the company's first quarter 2017 dividend. The ...

Tags: LyondellBasell, plastics

Libbey's Net Sales Decreases in Q1 2017

May 3, 2017

Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...

Tags: glass tableware, tableware

Cree Shares Fall 7% After Reporting 3Q Loss

Apr 26, 2017

Cree, Inc. on Tuesday reported financial results for its third quarter of fiscal 2017, ended March 26, 2017, which missed Wall Street expectations. Shares of Cree declined over 7% in after-hours trade. Revenue for the quarter was ...

Tags: Cree, LED Products

Heineken Sees Beer Volumes Increase in Europe and Asia Pacific

Apr 25, 2017

Drinks giant Heineken reported an organic rise in beer volumes of 0.5% in Europe and 5.4% in Asia Pacific in the first quarter of this year. The increase in sales was unexpected for this year’s first quarter and it was more than the ...

Tags: Heineken, beer

Maison&Objet Suspends Its Asian and American Editions

Feb 27, 2017

SAFI, organiser of the Maison&Objet trade fairs, announced the suspension of its Asian and American editions in order to concentrate all of its available means and resources on the Paris-based events, as well as on the promising launch of ...

Tags: digital platform, SAFI

Toys Spearhead Tesco's Christmas Sales

Jan 16, 2017

Retail giant Tesco has reported an increase in Christmas sales, with toys and clothing driving the company’s growth. The retailer revealed that sales from the six weeks ended January 7th 2017, were up in toys by 8.5 per cent and ...

Tags: Toys, Christmas Sales

Vietnam's Vinamilk Receives Stake Purchase Bids From Two Overseas Firms

Dec 16, 2016

Vietnam’s state investment firm has received offers from two foreign for stake purchase in the country’s dairy firm Vinamilk. The two firms will buy a combined 78.38 million shares in the company, according to a statement from ...

Tags: dairy firm, Vinamilk

Glencore Production Report for The 12 Months Ended 31 December 2015

Dec 7, 2016

Own sourced copper production was down 3% to 1,502,200 tonnes in 2015, reflecting the suspension of processing operations at Katanga and a significant curtailment at Mopani. These volume reductions were partly offset by increases at ...

Tags: copper production, copper

AptarGroup Reports Quarter Results

Nov 17, 2016

AptarGroup has announced quarter results for this year. Third quarter results For the quarter ended September 30, 2016, reported sales increased 1% to $590 million from $586 million a year ago. Excluding the negative impact from changes ...

Tags: AptarGroup, Packaging

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