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Company News
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Pact Group Buys The Viscount Plastics Division From Linpac
Dec 12, 2012Rigid plastics firm Pact Group has bought the Viscount Plastics division from Linpac, for an undisclosed sum Australia-based Viscount Plastics, with its production facilities in Australia, New Zealand, China and Malaysia, manufactures and ...
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Orion's LED Fixture Were Added to The DLC Qualified Products List
Dec 12, 2012Recently,Orion Energy Systems'three models of LED fixture were added to the DesignLights™Consortium Qualified Products List after third-party testing resulted in a 96.57 lumens per watt rating for Orion's LED high bay fixture. ...
Tags: Orion Energy Systems, LED, DLC, energy savings
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Kroger Has Increased Its Full-Year Profit Forecast After Reporting a Rise
Dec 12, 2012US retailer Kroger has increased its full-year profit forecast after reporting a rise in third-quarter earnings. In the three-month period ended 3 November, earnings climbed to US$316.5m from $195.9m a year earlier, which included a ...
Tags: Kroger, profit, earnings rise, profit forecast
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Kumba Announces with Regret That Talks with Illegal Strikers Occupying Sishen Mine
Dec 12, 2012Kumba Iron Ore(Kumba)announces with regret that talks with a group of illegal strikers occupying the Company's Sishen Mine,to get them to leave the mine,have not been successful. As a result,they will now be notified to attend ...
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Cascades Plans to Invest up to $750000 in Its Cascades Enviropac HPM Plant in Michigan
Dec 12, 2012Canadian green packaging manufacturer Cascades has announced plans to invest up to $750000 in its Cascades Enviropac HPM plant located in Grand Rapids, Michigan, US. The company will add new equipment by the end of 2012 and beginning 2013 ...
Tags: green packaging, Cascades, investment
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X5 Retail Group's Bottom Line Improved in The Third Quarter Year-on-Year
Dec 12, 2012Russian retailer X5 Retail Group's bottom line improved in the third quarter year-on-year - but its sales slid and operating profit fell. X5 booked a net profit of US$12.1m for the three months to the end of September, compared to a ...
Tags: X5 Retail, sales, operating profit, bottom line
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Gintech Has Revealed That The Firm Has Cut Down Its Workforce by 40 Employees
Dec 12, 2012Taiwan-based solar cell maker Gintech has revealed that the firm has cut down its workforce by 40 employees.The firm added that the anti-dumping and anti-subsidy investigation in the US previously helped increase OEM orders from China and ...
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AkzoNobel Announced That Leif Will Step Down From The Board of Management
Dec 12, 2012AkzoNobel today announced that the Supervisory Board and Board member Leif Darner have mutually agreed that Leif will step down from the Board of Management at the 2013 AGM in April.Conrad Keijzer,currently Managing Director of AkzoNobel ...
Tags: AkzoNobel announces, Board of Management, Industrial Chemicals
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Enginuity Energy LLC Will Have Access to Tri-Mer's Patented UltraCat Catalyst System
Dec 12, 2012Tri-Mer Corp., a developer of advanced technologies for the control of NOx, fine particulate, and industrial gases, and Enginuity Energy LLC, a renewable energy company and holder of patented Ecoremedy® gasification technology, have ...
Tags: industrial gases, biomass fuels, fine particulate, catalyst filter system
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Post Holdings Has Recorded an Increase in Third-Quarter Profits and Reaffirmed Its Outlook
Dec 12, 2012US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
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Xylem Inc.Has Reduced The Total Energy Consumption of Four Wastewater Pump Stations
Dec 12, 2012Xylem Inc.has reduced the total energy consumption of four wastewater pump stations in Jefferson Parish,Louisiana by 50 percent with its new wastewater pumping system,Flygt Experior. These stations were experiencing serious clogging ...
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Mr Bo Andersson President and CEO of Gaz Group Has Been Honored with 2012 ASCOA Award
Dec 12, 2012Mr Bo Andersson president and CEO of GAZ Group which is a part of Basic Element one of the Russia’s largest diversified industrial groups, has been honored with the 2012 Automotive Supply Chain Outstanding Achievement award 2012. ...
Tags: ASCOA Award, GAZ, vehicle industry
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Huhtamaki Plans to Invest $8.48m to Expand Its Operations at Hammond Facility in US
Dec 12, 2012Global consumer packaging company Huhtamaki, a subsidiary of Finland-based Huhtamäki has announced plans to invest $8.48m to expand its operations at its Hammond facility in Indiana, US. The production capabilities will be expanded ...
Tags: Huhtamaki, packaging, Hammond facility
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Safeway Inc Has Booked an Increase in Third-Quarter Earnings
Dec 12, 2012US retailer Safeway Inc has booked an increase in third-quarter earnings, helped by one-time items, but reported a drop in operating profit as it battled weak consumer confidence. The company said yesterday (11 October) net profit ...
Tags: Safeway Inc, earnings, operating profit, consumer confidence
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Huhtamaki Developes Limited Edition Print Run for Some of Its Foodservice Disposables
Dec 12, 2012Finnish packaging manufacturer Huhtamaki has developed a limited edition print run for some of its foodservice disposables. The ‘Celebration2012‘ range features new funky designs that feature key sporting events and a selection ...
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