Ecommerce furnishings giant Wayfair has reported its Q2 financial results, citing a direct retail revenue – sales generated primarily through the sites of Wayfair's five brands – increase from $315.4m to $755.7 m, up 71.6% YOY. ...
Xylem Inc has opened three new dewatering pump rental hubs across Latin America this year. The company has just opened its newest dewatering pump rental facility in Barranquilla, Colombia. Xylem opened a new rental hub in Pará, ...
Tags: Xylem, rental hubs
The overall drop after five months of growth reflects a slide in prices for grains and vegetable oils 4 August 2016, Rome – The international prices for major food commodities saw a modest decline in July, following five ...
Tags: grains, vegetable oils, international prices
Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
Makers of vertical form/fill/seal machines have offered automatic set-up functionality for mechanical axes of motion for some time now. So when changeover to a new bag size requires an adjustment of the vacuum belts that pull the flexible ...
Tags: mechanical axes, Mike Krummey, continuous-motion machine
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
CCL Industries, a specialty label and packaging solutions for global corporations, small businesses and consumers, reported 2016 second quarter results. Sales for the second quarter of 2016 increased 33.1% to $960.2 million, compared to ...
Boeing subsidiary Spectrolab Inc of Sylmar, CA, USA, which manufactures multi-junction solar cells and panels for concentrated photovoltaic and spacecraft power systems, says that it has begun manufacturing a higher-efficiency space solar ...
Tags: Spectrolab, Solar Cell
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 ...
Orchids Paper Products Company reported results for the second quarter of 2016. Jeff Schoen, President and Chief Executive Officer, stated, "I am encouraged by Orchids year-to-date 2016 performance, as converted product sales have ...
Tags: Orchids Paper, converted product
Coveris Holdings, a portfolio company of funds advised by Sun Capital Partners, announced that it has received the necessary consents to certain proposed amendments to Coveris’ existing senior secured term loan facility, which will ...
Tags: Coveris Holdings, term loan
Taiwan’s export orders in June continued dropping, but having showed positive signs to turn around soon. After a 15-month declining streak as of the end of June, Taiwan's overall export orders are likely to show growth in July at ...
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
The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...
Huber Engineered Materials, a unit of J.M. Huber, has introduced a new packaging concept for precipitated amorphous silica. Implemented at precipitated amorphous silica production facility located at Havre de Grace, Maryland, US, the new ...
Tags: Polyethylene Bags, Silica