Wind Point Partners, a US-based private equity firm, is looking at options to sell its portfolio company Hearthside Food Solutions in a deal which reportedly could fetch more than $1bn. The private equity firm has appointed Barclays to ...
Tags: Wind Point, Food Solutions
About 30 percent of total textile mills in India remained non-operational in 2000-10 leading to huge job losses, a recent study conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has found. The study ...
Tags: Textile Mills, Apparel
Tajikistan’s Minister of Agriculture Qosim Qosimov met with Andrey Gitchuns, representative of the International Cotton Advisory Committee (ICAC), and exchanged views on Tajikistan’s membership of the ICAC, the Ministry of ...
Tags: Tajikistan, Textile
Canton, Ohio-based The Timken Company reported Thursday third-quarter 2013 sales of $1.1 billion, a 7 percent decrease compared with the same period a year ago, primarily due to weaker demand from the company's broad end markets, partially ...
Tags: Steel Segment, economic growth
Reliance Steel & Aluminum Co. reported Friday its financial results for the third quarter ended September 30, 2013, indicating sales of $2.44 billion, which reflect an 18.9 percent increase year-on-year, but a 0.2 percent decrease from Q2 ...
Tags: Reliance Steel, Mineral
Canadian coking coal producer Teck Resources claimed a record 7.6 million mt of coal sales in the third quarter, up 36% from a year ago, the company said Thursday. But Don Lindsay, president and CEO of the Vancouver, British ...
Tags: Coal Sales, Chemicals
Dow Chemical Co. said its third-quarter profit rose 17% as the chemical company's performance plastics segment helped drive higher revenue and prices. However, shares of the company declined as results fell below analyst expectations. ...
Tags: Dow Chemical, Chemicals
The Hershey Company today announced sales and earnings for the third quarter ended September 29, 2013. Consolidated net sales were $1,853,886,000 compared with $1,746,709,000 for the third quarter of 2012. Reported net income for the ...
Tags: Hershey Company, 2014 Outlook
Avery Dennison Corporation announced preliminary, unaudited results for its third quarter ended September 28, 2013. Highlights: - 3Q13 Reported EPS (including discontinued operations) of $0.37 - Adjusted EPS (non-GAAP, continuing ...
Tags: Avery Dennison, Textile
About 500 textile mills in Indonesia need revitalization in order to enhance their competitiveness in the domestic and export markets, Industry Minister MS Hidayat said on the sidelines of a national coordination meeting of Indonesian ...
Tags: Textile Mills, Revitalization
Ahlstrom releases results for July to September and January to September 2013. Continuing operations July-September 2013 compared with July-September 2012 -Net sales EUR 251.1 million (EUR 248.8 million). -Operating profit EUR 1.5 ...
DuPont advanced its transformation to a higher growth, higher value company as its Board of Directors authorized management to execute a full separation of its Performance Chemicals segment, which includes the Titanium Technologies and ...
Tags: DuPont, Chemicals Division
Corning Incorporated announced that it is entering into a series of strategic and financial agreements with Samsung Display Co., Ltd., intended to strengthen product and technology collaborations between the two companies. These agreements ...
Tags: Samsung, Strategic Collaborations
For third-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, down 26% on €62.2m a year ago but up slightly on €45.3m last quarter. In spite of the lower percentage of ...
Tags: Aixtron MOCVD, Electrical, Electronics
Commercial Metals Company announced Wednesday financial results for its fourth quarter and year ended August 31, 2013. Net earnings for the fourth quarter ended August 31, 2013 were $4.1 million, or $0.03 per diluted share, on net sales of ...
Tags: Net Earnings, Mineral