Methanex Corporation announced that it has reached a final investment decision to proceed with the relocation of a second one million tonne per year methanol plant from its Chile site to Geismar, Louisiana. The plant is expected to be ...
Tags: Textile
Mr. Fast joined Crane in 1999 as President and Chief Operating Officer and was promoted to Chief Executive Officer in January 2001. He will be succeeded by Max H. Mitchell, currently President and Chief Operating Officer. Mr. Mitchell, 49, ...
Voith has been commissioned with the equipment of a new hydropower plant in Angola in Africa. For the hydropower plant Cambambe II at the River Kwanza, the company will supply and install four generators and turbines as well as the control ...
Tags: Voith, Generators, Turbines
THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover
The Dow Chemical Company reported First Quarter 2013 Earnings Statement. First Quarter 2013 Highlights -The Company reported earnings of $0.46 per share, or adjusted earnings of $0.69 per share(1). This compares with earnings of $0.35 ...
Tags: Dow Chemical, Textile
BASF increased its sales and income from operations (EBIT) before special items in the first quarter of 2013. At €19.7 billion, sales exceeded the level of the previous first quarter by 5%. Sales volumes grew particularly as a result ...
Dell has pulled together products it gained from recent acquisitions into a series of BYOD offerings, though it faces the challenge of selling them at a time when the company's ownership hangs in the balance. The offerings are aimed at ...
Tags: Dell, Byod Market
Apple's net profit dropped during the second quarter of 2013 as the company's iPhone shipment growth slowed down, based on year-over-year comparisons. Apple recorded a profit of US$9.5 billion for the second quarter ending on March 30, ...
Tags: iPhone Growth, iPhone, Apple
The merger of T-Mobile USA and MetroPCS cleared its last major hurdle on Wednesday as MetroPCS shareholders overwhelmingly approved the deal. The merger, first proposed last October, had faced opposition from some large shareholders until ...
Tags: T-Mobile, Computer Products, software
GlaxoSmithKline (GSK) has announced it is to sell its soft drink brands Lucozade and Ribena, in a bid to improve its strategic focus and enhance its growth profile. Lucozade and Ribena are estimated to be for sale for 766M Andrew ...
Tags: GlaxoSmithKline, Food, GSK
US-based chemicals company DuPont has reported that its net earnings for the first quarter of 2013 increased by 124.1% to $3.34bn, compared with $1.49bn in the same quarter in 2012. The increase in net income was driven by strong ...
General insurance provider AXA has agreed to acquire 50% shareholding in Chinese property & casualty insurer Tian Ping Auto Insurance Company (Tian Ping), for a total consideration of €485m. As part of Ambition AXA strategy, the deal ...
Tags: insurance provider, insurance
The boss of Britain's biggest food manufacturer Premier Foods Gavin Darby says the firm has too many suppliers. Premier Foods' Power Brands recorded their fifth successive quarter of sales growth. But doubts remain about the firm's debt ...
Tags: Agriculture, Food
RPM International Inc. announced today that it has appointed Craig S. Morford to its board of directors in anticipation of the retirement of William A. Papenbrock. Papenbrock will retire at the company’s upcoming annual meeting on ...
Tags: RPM, RPM International, Construction
The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the proposed acquisition by Virgin Australia Holdings Limited of 60% of Tiger Airways Australia Pty Ltd. Virgin Australia is the second ...
Tags: Virgin Australia, Tiger Takeover