German PVC producer Vestolit expects European polyvinyl chloride (PVC) demand to grow at a pace of 2-3% a year, following years of contraction, amid a revival in the construction sector, company CEO Michael Trager said Monday. Over 60% of ...
Tags: PVC Demand, economic crisis
SunOpta, a leading global company focused on natural, organic and specialty foods, announced financial results for the first quarter ended April 5, 2014. All amounts are expressed in US dollars and results are reported in accordance with ...
Tags: specialty foods
"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
Woolworths has announced new long-term milk supply contracts Australian supermarket giant Woolworths has announced two new 10-year milk contracts across Australia that it says "will give dairy farmers and processors more certainty to ...
Tags: Milk, Agriculture, Food
February 24, 2014 Sophie Langley Australian-based dairy businesses have coped differently with 'difficult' market conditions Food and beverage company Lion has announced its Dairy and Drinks business experienced “significant ...
Tags: Bega, Lion Dairy, WCB, RTD
New Sunbeam CEO Karen Hope is still settling in as the head of the Botany-based small appliance brand and the sheer magnitude of the job in front of her is only now revealing itself. Having joined the famous Australian small brand ...
Tags: Sumbeam, Karen Hope, Apparel Group, GUD
US-based food company General Mills has reported that its net earnings increased 1.8% to $398.4m for the third quarter of 2013, compared to $391.5m for the same period in 2012. The modest growth in profit was due to one-time charges and ...
Tags: food company, food, Bakeries
Australian pie company Patties Foods has booked a drop in first-half profits as margins were hit by increased competition. Earnings in the six months to the end of December fell 16.5% to A$9.1m (US$9.4m). Patties had forecast the fall in ...
Profits at Stater Bros have been hit by pressure on margins, as the California-based retailer invested in pricing during the first quarter. Stater Bros revealed yesterday (12 February) that first-quarter net income fell to US$5.4m, ...
Tags: retailer, Stater Bros, Margin Pressure
US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds. In the three months ended 24 November, earnings amounted to ...
Tags: Family Dollar Stores, earnings, gross margin pressure, company news
Family Dollar Stores, Inc. reported that for the first quarter of fiscal 2013 ended November 24, 2012, net sales increased to $2.42 billion and net income per diluted share for the quarter increased to $0.69. “The investments we ...
Kolkata-headquartered, container glass-maker, Hindusthan National Glass and Industries Ltd (HNG), expects its margins to be subdued for the next four-to-six quarters. For the latest quarter ended June 30, HNG's operating margin — ...
Tags: Kolkata, HNG, container glass-maker, glass
Power semiconductor device maker International Rectifier Corp(IR)of El Segundo,CA,USA has appointed Gary Tanner as executive VP&chief operations officer,effective 2 January 2013. Tanner will be responsible for the continued implementation ...
Tags: power semiconductor, IR, Gary Tanner, transformation strategy
A fall in production has hit half-year profits at UK-listed palm oil processor New Britain Palm Oil. CEO Nick Thompson said heavy rain made it harder to collect and transport fresh fruit bunches. The wet weather also meant the fruit ...
Tags: oil process, profits, New Britain Palm Oil, production fall
The Co-operative Group has announced a further increase to the premium it pays to farmers who are in its liquid milk pool. The news comes as a further sign UK retailers are ready to compromise on the price they pay for milk in the face of ...
Tags: Uk Retailer, Milk Price, liquid milk pool