BASF broke ground on a new Innovation Campus in Navi Mumbai, India. The company will invest approximately €50 million via BASF Chemicals India Private Limited, a wholly owned subsidiary of BASF SE. The facility will accommodate around ...
Tags: BASF, Innovation Campus, Construction
Axalta Coating Systems Ltd. has announced its financial results for the quarter ended September 30, 2014. The results contained in this earnings release reflect the results previously filed in Form 10-Q on November 14, 2014. Key ...
For its fiscal second-quarter 2015, fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $297m, up 2.2% on $290.7m a year ago but down 9.4% on $327.6m last quarter (its first ...
Tags: Finisar, Electronics
Led by mattress fabric sales in the second fiscal quarter ended November 2, 2014, Culp, Inc, one of the world’s largest marketers of mattress and upholstery fabrics, reported highest sales for the second quarter in ten years. In ...
Tags: mattress, upholstery fabrics, Textilec
Fulgar SpA, Italian yarn manufacturers, has been named Company of the Month for November 2014, by the International Association for Research and Testing in the Field of Textile Ecology (OEKO-TEX), which provides testing and certification ...
Tags: raw materials, Textile
Smith & Wesson reported earnings slid 70.3 percent in the second quarter, to $5.05 million, or 9 cents a share. Revenues slumped 22.1 percent. Net sales for the second quarter were $108.4 million, a decrease of 22.1 percent from net sales ...
Tags: Slides, Sporting Goods
Integrated producer of chemical intermediates, polymers and fibres, Invista has bagged the ‘Innovation Upgrade Award’ from China Chemical Industry News. According to Invista, it received the award for its outstanding ...
The Confederation of Indian Textile Industry (CITI) has requested the Government to reduce the excise duty on all man-made fibres and filaments, as also their raw materials from the current 12 per cent to 6 per cent. In a pre-Budget ...
Tags: man-made fibres, Apparel, Textile
US based apparel marketer and NYSE listed, PVH Corp said its earnings per share for the third fiscal quarter ended November 2, 2014 rose in double digits from the prior year quarter. On a non-GAAP basis, PVH which has marquee fashion ...
Tags: Calvin Klein, Apparel
Chinese authorities are planning to build more nuclear power plants along the eastern coastline with safety guaranteed. They are also mulling the possibility of nuclear power plants in the inner part of the country. The National ...
Tags: Nuclear Power, Energy
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
GW Plastics Supplier in Mexico grow with OEMs. As Mexico's automotive and aerospace industries continue to see rapid growth, suppliers are being encouraged to locate plants near these OEM and Tier 1 facilities to help reduce cost and ...
Tags: Plastics Supplier, Health
Private equity firm American Capital has invested $31.5m to support the acquisition deal of Teasdale Foods by Snow Phipps Group that happened in October this year. Teasdale Foods offers private label and branded bean and hominy products ...
For the first fiscal quarter ended October 25, 2014, NASDAQ listed and marketer of apparels, Ascena Retail Group, delivered flat sales growth from the comparable quarter of previous fiscal year. Net sales of $1.2 billion for the first ...
Tags: Apparel Marketer, Net sales, Apparel
Boeing subsidiary Spectrolab Inc of Sylmar, CA, USA, which manufactures multi-junction solar cells and panels for concentrated photovoltaic and spacecraft power systems, says it is the first company to produce 4 million gallium arsenide ...
Tags: Spectrolab, Space Solar Cell