Driven by sales from Vinnolit, which it acquired in July 2014 and higher sales prices, revenue at Westlake Chemical surged 24.8% year-on-year in the third quarter ending September 30, 2014. Third-quarter of 2014 turnover climbed to ...
Tags: Westlake Chemical, Vinnolit, Textile
In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile
In its unaudited standalone financial results for the second fiscal quarter ending September 30, 2014, Indian textile major, Arvind Ltd reported a 4.13 percent year-on-year rise in net profits. Arvind, an integrated textiles producer, ...
Tags: Indian textile major, net profits, Textile
The corn and soybean crops in the U.S. are massive. Monday's USDA Crop Production report shows the soybean crop continues to skyrocket in size, but the corn crop's slightly smaller than earlier estimates. Now, speculation's rising that ...
Tags: Corn, Soybean, Agriculture
Supported by the commissioning of two lines, the VSF business at Grasim Industries, achieved record sales volume of 100,927 tons, up 8% from a year ago quarter in the second fiscal quarter ending September 2014. “Concerted market ...
Driven by a surge in apparel, footwear, accessories and international sales, third quarter of 2014 revenues at Under Armour, soared 30% from a year ago. In the three months to September 30, 2014, Under Armour revenues climbed 30% to $938 ...
Tags: Revenues, Armour, Accessories
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis generally remained steady but displayed signs of slipping amid persistent weakness in the physical buying interest, market sources said ...
Avery Dennison, a producer and marketer of apparel labels said its profits in the third quarter ending September 30, 2014 climbed 38 percent year-on-year. Avery Dennison's third-quarter of 2014 profit rose to $64.3 million or $0.68 per ...
Tags: Avery Dennison, apparel labels
LED bulb prices over the past quarter, with price declines most markedly in the German market for both 40W and 60W equiv. LED bulbs last month.Prices for 60W equiv. LED bulb have dropped more than 40W equiv. LED bulbs in September. Bulb ...
Tags: LED Bulb, LED Lighting
Rohm upgraded its earnings forecast for the April-September half, raising guidance for net profit to 19 billion yen ($178 million), up 55% on the year and some 9 billion yen higher than previously predicted. Sales of the Japanese ...
Tags: Smartphone Electronics
The GfK Consumer Climate Europe study for the third quarter of 2014 paints a gloomy outlook for the European economy, noting in particular that while there is a backdrop of growth in the UK, the Scottish referendum harmed consumer ...
Weak retail traffic and ramped-up discounts to clear merchandise, once again hit profits at denim jeans marketer - Levi Strauss & Co for the third fiscal quarter ended August 24, 2014. In the third fiscal quarter, Levis posted profit of ...
Tags: denim jeans, Levis
Platts’ analysis shows apparent oil demand in August was 41.19 million metric tons (mt), or an average 9.74 million barrels per day (b/d) — an increase of 3.7% year over year. This growth came despite a slew of bearish economic ...
Tags: Oil Demand
China will invest $6.8 billion to construction comprehensive industrial parks in Gujarat and Maharashtra. Indian and Chinese companies also signed a memorandum of understanding on 24 items. China is the largest trading partner with India. ...
Tags: Economy, Investment economy
The exports of fabric and apparel from Vietnam surged by 19.4 percent year-on-year in the first eight months of 2014, according to the preliminary data released by the Customs IT & Statistics Department, General Department of Customs, ...