Africa
Africa
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The $340m Investment Represents The Largest Capital Expansion by Novelis in South America
Aug 9, 2013The 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 ...
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Havertys Said Second-Quarter Profits More Than Doubled on a 12.9% Increase in Sales
Aug 9, 2013Top 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
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Group Also Posted a 60% Rise in Underlying Earnings Per Share
Aug 8, 2013The 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 ...
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ArcelorMittal Announces a Huge Second Quarter Loss
Aug 6, 2013ArcelorMittal, 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
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Alba Releases Its Financial Result for The First Half of This Year
Aug 6, 2013Aluminium 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
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Dow Corning Announced Sales of $2.69 Billion and Net Income of $149 Million
Aug 5, 2013On 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
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BASF Increased Sales by 3% in The Second Quarter of 2013 to Just Under €18.4 Billion
Aug 5, 2013BASF 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
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The Course of The First Half of 2013 for Titan Cement Company
Aug 5, 2013In 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
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American Manufacturing Leverages Automation and Chain Innovations to Compete Globally
Jul 24, 2013American manufacturing is re-shoring and leveraging automation and supply chain innovations to compete globally. Observe automation technology in action and see why ATX Midwest is crucial to keeping pace with changing needs, meeting new ...
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The Acquisition Enable It to Offer Products for Printing High Resolution Codes
Jul 24, 2013The coding and marking specialist said the acquisition will enable it to offer TIJ printing products for printing high resolution codes, such as complex 2D barcodes that can be used for traceability anti-diversion and promotional coding ...
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Ardagh Has Helped with The Development of The Redesigned Malibu Bottle
Jul 23, 2013Ardagh has helped with the development of the redesigned Malibu bottle, retaining the feel of the brand while adding more of a contemporary, modern touch. Ardagh's product development team used ?advanced design technologies to reduce the ...
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The Majority of The Associate Companies Have Reported Losses and Face Challenges in 2013
Jul 19, 2013Due to down market prices and stagnant real estate market, the majority of the associate companies have reported losses and face challenges in the first half of the year in 2013. According to data, the steel production of Vietnam Steel ...
Tags: estate market, Construction, Decoration
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Roberts Joins From Sealed Air Cryovac Where She Has Been Executive Retail Director for EU
Jul 19, 2013Roberts joins from Sealed Air Cryovac where she has been executive retail director for Europe since 2011. Prior to that she spent 14 years at the retailer, where she was one of the chief architects of the Plan A environmental strategy, ...
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Wool & Carpet Sectors Reviewed by Indian Textiles Minister
Jul 16, 2013The Union Minister of Textiles Dr. K.S.Rao held a meeting with the stake holders of Wool and Carpet Industry to prepare a road map to increase the woollen and carpet export. During the discussion, major issues related to growth of the ...
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Strength in The Resources Sector Has Pushed Australian Shares Higher
Jul 15, 2013Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
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