Singapore conglomerate Olam International has posted a fall in annual profits but sales volumes and margins from its food business continued to grow. The company yesterday (28 August) booked a 4.6% decline in underlying net profit to ...
Tags: conglomerate Olam International, annual profits, food business
According to statistics released by the Korea Iron and Steel Association, South Korea imported 117,564 tons of steel wires in October, falling by 20,000 tonne from a month ago. In October, the imported wire rods accounted for 41.5% of the ...
Tags: steel wires, imported wire rods, No.4 steel wire plant
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
US food giant ConAgra Foods has reported a fourth-quarter loss of US$86m after changes to the way its accounts for its pension costs. The company said today (21 June) its new method of accounting for pensions hit its bottom line in the 13 ...
In half-year results published this morning, for the six months to 31 October, the group posted a 62% year-on-year rise in revenue to £1.67bn, while pre-tax profit rose 62.5% to £106.1m. The increase was driven by the ...
Tags: SCA Packaging, plastic packaging, packaging
There have been several improvements in the engineering world over the years.Two of these improvements are in the fields of precision engineering and mass manufacture or production.With the advent of precision machines such as Computer ...
Tags: World, Precision, Engineering
This week's featured research from the just-food store includes reports on the US pizza market and functional food and drinks. PIZZA All Things to All People: The Story of Pizza This new report explores the many paths to growth ...
Tags: just-food store, pizza market, functional food, drinks
Food sales volumes fell at Unilever in the second quarter of 2012 after an increase in the first three months of the year, highlighting the current challenging nature of the sector. Unilever, which owns food brands including Knorr stock ...
Tags: Unilever, sales volumes, Knorr, Flora butter, lower food volumes
The basics of a wet scrubber A wet industrial scrubber is a machine that helps improve the quality and breathability of air in and around an industrial or commercial facility.The air quality is often affected owing to the presence of ...
Tags: Wet, Scrubber, Introducts, Machine
10 October 2012 Shenyang Silicon Technology opts for EV Group's EVG850LT 300-mm SOI production bonding system EV Group(EVG)of St Florian,Austria,a supplier of wafer bonding and lithography equipment,says that China-U.S.joint-venture ...
Tags: Shenyang Silicon Technology, EVG850LT 300-mm SOI, Austria, SOI wafers
The National Farmers Union (NFU) has blasted UK milk supplier Robert Wiseman Dairies for hitting farmers with a "catastrophic" cut in milk prices. Muller Group-owned Wiseman last week announced a 1.7ppl reduction to the price it pays ...
Tags: NFU, Robert Wiseman, milk price cut
INSTITUTIONAL investors have slowed their uptake of electronic trading,in part to prop up the shrinking commissions being paid to Australia's battling brokers,new research suggests. The latest review of Australian brokers,carried out by ...
Tags: electronic trading, Australia, Peter Lee
Shanghai Metals Market reported that LME aluminum continued to drift higher last Friday buoyed by positive economic data in Europe and the US. LME aluminum briefly dipped to an intraday low of USD 2,057 per tonne after opening at USD 2,060 ...
Tags: scrap metal prices, iron ore price news, scrap copper, aluminum
PepsiCo booked a 5% drop in third-quarter earnings today (17 October) as it increased its spending behind flagship brands. The company said earnings totalled US$1.9bn, or $1.21 per share, in the three months to 8 September, down from ...
Tags: PepsiCo, earnings, operating profit
Costs related to last year's acquisition of Icelandic Group hit High Liner Foods' bottom line but the new addition helped drive operating profit and sales in the third quarter. Net income in the three months ended 29 September slumped ...
Tags: Liner Foods, Net profit, Net sales