Although the Norwegian company Moelven recorded an operating result of +NOK11.1m for the second quarter of 2013, its pre-tax profit remains negative at -NOK14.4m. The quarterly sales revenue for the period of April to June almost matched ...
Tags: lumber, Construction
International Paper (IP) has finalized the previously announced sale of its Temple-Inland Building Products division to Georgia-Pacific Building Products for $710m in a bid to focus on its paper and packaging business. IP chairman and ...
Tags: International Paper, Packaging
The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...
Tags: Petrofac Emirates, Chemicals
A sweater by definition is a knitted top, and knitted garments have been around a very long time. So the real answer to who invented the sweater is the same answer to "who invented knitting?" Knitting by definition is the process of ...
Tags: Sweater, Apparel, coat, sweater skirt
According to data released by the Turkish Steel Exporters’ Union (CIB), Turkey’s steel exports totaled 10 million tons in the first half of this year, down by 0.5% year on year, caused by slowdown in global economic growth and ...
According to the Turkey's Steel Exporters' Association (CIB), the slowdown in the global economy, the falling demand from export markets and the general falling prices of commodities in international trade had a negative effect on ...
Tags: Steel Export, Mineral
Sweater coats old and new have a long fashion history. Whether retro or modern you can find them online or knit your own. Knitted garments have been around for a long time. Knitting is such an ancient craft that no one knows who first ...
Tags: Sweater Coats, Sweater, Apparel
It's reported that a new steel mill in southern Iran was inaugurated by the Iranian President on June 27th. The Pasargad steel mill is situated south of the capital Tehran and covers an area of 300 hectares, the total investment is reported ...
Tags: Steel, Metallurgy, Mineral, Energy
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals
US-headquartered confectionery giant Mars has broken ground on a $82m production line for Twix chocolate bars in Egypt, in order to cater to the Middle East and African markets. The new manufacturing facility is located at the company's ...
Tags: Agriculture, Food, Chocolate
Global insurance and reinsurance company XL Group has named Valérie Devaux - Piquer as the new casualty underwriting manager, Europe, Reinsurance, effective from 1 September 2013. Based in Paris, France, she will succeed Dieter ...
Location-based services (LBS) and quick-response (QR) codes are set to become the next big mobile growth feature, according to the Annual Mobile Life Study by custom market research firm TNS. In a statement, TNS said that the markets it ...
Northwest European acrylonitrile-styrene-butadiene and polystyrene producers are raising their competitiveness in order to retain market share in the fast growing Turkish market, market sources said this week. European producers are ...
Tags: acrylonitrile-styrene-butadiene, polystyrene producers
The world's manufacturers of sewing and clothing equipment and technical textile machinery are embarking on the second edition of Texprocess, the leading international fair, which will be opening its doors in Frankfurt from 10 to 13 June. ...
Tags: Textile
XL Group has unveiled a new Reinsurance Global Emerging Markets unit to benefit development in reinsurance markets. Led by Philippe Rochaix, who is currently in charge of the Latin America Reinsurance operations, the unit will form part ...
Tags: XL Group, Emerging Markets