According to Epistar's executive, the company expects a turnaround this quarter, thanks to strong demand for LED TVs and LED lighting would help boost factory utilization and lift gross margin significantly to more than 20 percent. ...
Norske Skog, a Dutch paper products firm, has sold its paper mill Parenco in Renkum and recovered paper business Reparco to H2 Equity Partners, and cash worth €30m is expected to be released from the deal. H2 is expecting good growth ...
Tags: Norske Skog, H2, packaging paper
The administrators of debt-stricken Italian steel producer Lucchini have announced that, starting from December 11, the Piombino-based blast furnace operated by the company will be idled for one month, i.e., until January 11. The shutdown ...
Tags: steel windows, iron ore price news, windows xp, steel market prices
US-based robots and autonomous mobile solutions provider Adept Technology has entered into an agreement to sell 8,000 shares of its Series A Convertible Preferred Stock to affiliates of Hale Capital Partners for $8m. The net proceeds from ...
Tags: Adept Technology, Hale Capital Partners, packaging business
The rating on Wyomissing based Carpenter Technology Corp (Carpenter) reflects Standard & Poor's Ratings Services' assessment of the company's "satisfactory" business risk profile and "intermediate" financial risk profile. The company's ...
Tags: Carpenter Technology Corp, business risk, financial risk
The rating on Wyomissing based Carpenter Technology Corp (Carpenter) reflects Standard & Poor's Ratings Services' assessment of the company's "satisfactory" business risk profile and "intermediate" financial risk profile. The company's ...
Tags: Metallurgy, Mineral
German steel giant ThyssenKrupp while announcing the results has given following outlook From today's perspective, the Group's performance in the 2012/2013 fiscal year will be characterized to a very large extent by the continued ...
Tags: outlook, ThyssenKrupp, operations, organic growth
China Steel Corporation held the domestic pricing meeting for 2013 January and February shipments and announced the following statement: European Central Bank tries to ease the impact of European sovereign debt crisis by implementing ...
Tags: iron ore price news, steel scrap price, steel plate, steel wire
Russia - The Russian pipe market was growing throughout the Q3 of 2012, mainly due to stronger seamless industrial and welded line pipe demand. In the Q3 of 2012, the seamless OCTG market in Russia remained strong. Q3 Russian oil ...
Tags: steel pipe, iron ore price news, steel construction, oil&gas drilling
45 Infrastructure Sector CEOs gathered under the auspices of Confederation of Indian Industry in New Delhi to interact with Dr Montek Singh Ahluwalia deputy chairman of Planning Commission and discuss issues facing the private sector in the ...
Tags: government, government of india, investment risks, india news
The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction
LVMH Moët Hennessy Louis Vuitton, the world's leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. "All business groups contributed to this ...
Taipei, Dec.12, 2012 (CENS)--In a cross-Taiwan Strait meeting yesterday (Dec. 11), Zheng Lizhong, vice chairman of the Association for Relations Across the Taiwan Straits (ARATS), urged Taiwan to cut restrictions on mainland Chinese ...
Hong Kong is the world's most expensive shopping destination as significant inbound tourist flows and continued increases in domestic wealth fuels occupier demand from international fashion and luxury retailers, according to new research ...
Business Line reported that Power Grid Corporation of India's board of directors has approved the establishment of JV companies with Odisha Power Transmission Corporation Ltd and Bihar State Power Co Ltd for taking up intra state ...
Tags: JV companies, Odisha Power Transmission Corporation Ltd