Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
Inflation across the 19-country euro area hit a four-year high of 2.0 percent in February thanks to soaring prices of energy, said Eurostat, the statistical agency of the European Union (EU) on Thursday. The latest inflation figure is ...
Tags: Eurozone Inflation, inflation
Jindal Films Europe, a leading manufacturer of specialty biaxially oriented polypropylene (BOPP) films, has announced that it will increase extrusion capabilities at its Virton site in Belgium. This expansion represents the next phase of ...
Tags: Jindal Films, BOPP Line
All Printing Resources (APR) has purchased and installed Bobst M5 digital flexo press at its Glendale Heights, Illinois technical center in the US. Featuring easy drop-in Bobst Ready technology, the eight-color BOBST ‘unlimited ...
Tags: Digital Flexo Press, Printing
Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
Kvadrat Soft Cells, one of the leading Danish producers of high performance acoustic solutions, has recently acquired the British acoustic manufacturer Fabric Systems. The move will create a powerful textile acoustics entity, which will be ...
Tags: Kvadrat Soft Cells, Fabric Systems
China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor
Sustainable packaging solutions provider Ball is planning to cease production at its beverage packaging plant in Reidsville, North Carolina, US in mid-2017. Commissioned in 1978, the Reidsville plant was acquired by Ball in 1998 as part ...
Tags: Ball, Beverage Packaging
Dilawri Group of Companies has acquired Automobiles Niquet Audi and Volkswagen (Automobiles Niquet), for a combined total of eight dealerships in the Province of Quebec. The acquisition of these two premier dealerships, representing the ...
Tags: Dilawri Group, Automobiles
Ball Corporationis planning to stop production at its Reidsville, North Carolina, beverage packaging facility in mid-2017. The plant's customers will be supplied by other Ball facilities in the U.S. Ball expects to record an after-tax ...
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We continue to make good progress with our strategy; improving our competitive performance, delivering a new wave of production growth, and maturing the next ...
Tags: Royal Dutch Shell, Peter Voser
Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Our second quarter 2011 earnings were higher than year-ago levels, driven by increased energy prices and Shell’s operating performance. Shell reinvests its ...
Tags: Royal Dutch Shell, Shell
Shell’s three-year strategic plan, outlined in 2010, is building the foundations for profitable growth for shareholders in the future. We are improving near-term competitive performance, and delivering a new wave of production growth. ...
Tags: Royal Dutch Shell, oil sands