RAK Ceramics released its financial results for the first half of 2014 today. The results revealed a net profit of AED 149.9 Mio for the first six months of 2014 with net profit margins increasing to 9.0% compared to 8.6% for the same ...
Tags: Construction, Decoration, Ceramics
Australian iron ore miner Atlas Iron Limited has announced that it has officially opened its Mt Webber iron ore mine in Western Australia's Pilbara region. The official opening follows the start of mining activity in December 2013 and ...
Tags: Australian, iron ore, Metallurgy, Mineral
In respondse to external demand, Tokyo-based machinery manufacturer Mitsubishi Heavy Industries Ltd (MHI) has launched wafer bonding services using its wafer bonding systems, which have been developed in-house and are capable of bonding ...
Tags: Electrical, Electronics, machinery
With an investment of US$65 million, Monterrey, Mexico-based pipe producer Forza Steel began operations at a new plant that has expanded to double the company's installed capacity. Forza's CEO, Eduardo Villarreal Leal, attributed the ...
Tags: Mexico, Monterrey, Metallurgy, Mineral
Investcorp, a global provider and manager of alternative investment products, announces its agreement to acquire SPGPrints Group B.V. ("SPGPrints" or the "Company") from funds managed by Bencis Capital Partners for an enterprise value of ...
Tags: Investcorp, Acquire, Textile
Australia-based South American Ferro Metals Limited (SAFM) has announced that it has entered into a memorandum of understanding (MoU) with the owners of the property adjacent to its Ponto Verde iron ore project in Brazil. The memorandum ...
Tags: Australia, Iron Ore, MoU, Metallurgy, Mineral
Australian iron ore miner Fortescue Metals Group has announced that its iron ore shipments in the fourth quarter ending June 30 of the financial year 2013-14 totaled 38.7 million mt, increasing by 54.8 percent year on year. In June alone, ...
Tags: Australian, Fortescue Metals Group, Metallurgy, Mineral
Global steel giant ArcelorMittal has announced that it is currently mining and shipping 5 million mt of iron ore per year in Liberia from its operations in Yekepa and Buchanan. The company is also working on an expansion project that will ...
Tags: ArcelorMittal, Liberia, iron ore
Saxco International, a portfolio company of Texas-based middle market equity firm The Sterling Group, has completed the acquisition of packaging and printing company Square Peg Packaging and Printing. Square Peg designs and supplies a ...
Tags: Saxco, Square Peg, Printing
Group Performance: Operating income up 9.9% in nine months from September 2013-May 2014. The Fast Retailing Group reported gains in both sales and income in the nine months to May 2014, with consolidated net sales reaching JP\1.088 trillion ...
Tags: Retail, Apparel, Accessories
Las Vegas Market announced continued growth of its better home décor resources with more than a dozen high-profile suppliers opening or expanding showrooms for the upcoming Summer Market, Sunday, July 27, to Thursday, July 31, 2014. ...
Tags: Home Decor, Las Vegas Market
Cargill, an American agribusiness giant, is planning to close its beef harvest facility in Milwaukee, Wisconsin, citing diminished cattle supply. The company has decided to close the plant following an18-month-long analysis of the ...
Tags: Cargill, Agriculture
Viscose Staple Fibre (VSF) volume rose to 86,389 tons, up 11 percent at Grasim Ltd; a company of Kumaramangalam Birla-led Aditya Birla Group in the first fiscal quarter ending June 30, 2014. However higher input cost impaired the margins ...
Tags: Textile
Owens-Illinois, the world's largest glass container manufacturer recently completed a line extension for Lucas Bols, the world's oldest distilled spirit brand. Owens-Illinois, Inc. (NYSE: OI), the world's largest glass container ...
Tags: food packaging, packaging, glass container
Apparel retailer Uniqlo announces sales results for the month of July 2014. For July 2014 same-store sales decreased by 4.8% year on year while sales at our own stores decreased by 2.9%. Total sales including online sales decreased by 2.5%. ...
Tags: Apparel