Reacting on the apparel exports data, for the month of April 2014-15, Mr. Virender Uppal, Chairman AEPC, remarked, “This is the first month of the 2014-15 and Apparel Exports have recorded the growth of 14.33% compared to the April ...
Tags: April Apparel, Apparel Exports
TreeHouse Foods (THS) today reported first quarter earnings of $0.38 per fully diluted share compared to $0.62 per fully diluted share reported for the first quarter of last year. The Company reported that adjusted earnings per share ...
China's steel production has plateaued and mills are focusing on complying with tougher anti-pollution measures instead of expanding capacity, a senior official at the China Iron and Steel Association (CISA) said on Wednesday. The fight ...
Tags: Steel Production, Iron, Steel
The board of directors of LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has approved an increase in the firm’s stock repurchase program, such that it is now authorized to repurchase shares of its common stock with an ...
International credit rating agency Standard and Poor's (S&P) has announced that it has affirmed its 'BBB+' long-term rating for South Korean steelmaker POSCO, with the outlook remaining negative. S&P said that it expects POSCO's credit ...
Tags: POSCO, steel industry
Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that Fitch Ratings has upgraded the company's long-term Issuer Default Rating (IDR) from ‘BB-' to ‘BB' with a stable ...
Tags: iron ore, briquetted iron
Turkey-based steel producer Karabük Demir Celik (Kardemir) has announced that it has signed a credit facility with Germany's KfW IPEX Bank to finance the foreign expenses regarding its special bar quality (SBQ) rolling mill investment. ...
Tags: steel producer, rolling mill
Jiangsu Province-based Chinese steelmaker Shagang Iron and Steel Co. has announced that it will issue its first set of short-term bonds in the current year on May 8, worth a total of RMB 2 billion ($326 million), for a term of 365 days. ...
Tags: steelmaker, Iron, Steel
The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD's latest Economic Outlook. According to the ...
Tags: global economy, unemployment
Graphic Packaging International has received approval from the Ohio Tax Credit Authority for a 40%, six-year tax credit for its expansion project. The company plans to create $708,864 in new annual payroll as part of the expansion project ...
RPC Group, an international rigid plastic packaging supplier, is set to acquire ACE for an initial consideration of around $301m (£178m) and a total consideration of up to $430m (£255m). RPC proposes to fund the initial $301m ...
Tags: RPC Group, rigid plastic packaging
Columbia Sportswear Company, a leading innovator in the global outdoor apparel, footwear, accessories and equipment industries, announced record first quarter net sales of $424.1 million, an increase of 22 percent compared with first ...
The BFM, in association with Euler Hermes, the world's leading provider of trade-related credit insurance solutions, launched a new simple credit insurance policy, to its members today.? It is designed to not only insure payments from UK ...
Tags: Furniture, Furnishing
For the first quarter of 2014, Methanex reported Adjusted EBITDA of $255 million and Adjusted net income of $160 million ($1.65 per share on a diluted basis). These figures compare with Adjusted EBITDA of $245 million and Adjusted net ...
Tags: Methanex, methanol industry
The US imported 525 million gallons of biomass-based diesel in 2013, nearly 10 times the 2012 total of 61 million gallons, the Energy Information Administration data said Friday. The substantial growth reflected increased demand to ...
Tags: Diesel Imports, Biomass-Based Diesel, biodiesel production