BMW has reported a 11% increase in its profits for the second quarter of this year due to strong sales of its three car brands. The net profit for the period between April and June end was €1.94bn, compared to €1.74bn for the ...
Silgan, a supplier of rigid packaging for shelf-stable food and other consumer goods products, reported second quarter 2016 net income of $33.3m, or $0.55 per diluted share, as compared to second quarter 2015 net income of $42.2m, or $0.70 ...
Tags: rigid packaging, shelf-stable food
TriMas announced financial results for the quarter ended 30 June 2016. The Company reported second quarter net sales from continuing operations of $203.3 million, a decrease of 9.6% compared to second quarter 2015. The Company reported ...
UK-based packaging company Macfarlane Group has agreed to acquire Leicester based Nelsons for Cartons and Packaging (Nelsons) for a maximum of £6.75m. The deal, which is subject to certain trading conditions, is part of ...
Tags: Macfarlane Group, Macfarlane
Borosil Glass Works has entered primary pharma glass packaging business with the acquisition of 60.3% stake in India-based Klasspack. However, financial terms of the deal were not disclosed. For the ownership stake acquisition in ...
Tembec reported that consolidated sales for the three-month period ended 25 June 2016, were $376m, as compared to $365m in the same quarter a year ago. The Company generated net earnings of $9 million or $0.09 per share in the June 2016 ...
Kent Precision Foods Group (KPFG), a operating subsidiary of family-owned food products and animal feed manufacturer Kent, has signed an agreement to acquire US-based flexible packaging supplier PouchTec Industries. PouchTec Industries, a ...
US-based blow molded packaging solutions provider Pretium Packaging has acquired Custom Blow Molding (CBM), a producer of plastic containers for sports nutrition products. California-based CBM is a supplier of rigid plastic containers ...
South Korea’s paper manufacturer Hansol Paper will speed up deleveraging effort to improve financial state that includes rights offering to be able to afford to venture into new areas for growth. Debts shot up as the company shifted ...
Tags: Hansol Paper, Paper
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended 2 July 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison
Digital printing firm Electronics For Imaging (EFII) has signed an agreement with Netherlands-based DLL Group to finance EFI inkjet printers for signage and graphics, label and packaging, industrial textile and ceramic tile production. ...
According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
Jaguar Land Rover (JLR) is reportedly in talks with Ford and BMW to setup a battery plant for future electric vehicles, according to Automotive News. Executives from JLR have met with the US automaker’s executives and German ...
Tags: Electric Vehicles, BMW
Corporate financial results for the first half of this year are nigh, and more than 60 percent of some 1,800 A-share listed companies have said they expect positive growth. Agriculture, biopharmaceutical, food and beverage are among the ...
In a trading statement for first-half 2016, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects to deliver a significant increase in revenues and profits compared with first-half 2015 and continues to ...
Tags: IQE, epiwafer foundry