Metinvest BV the parent company of the international vertically integrated steel and mining group of companies published a trading update for the nine months of 2012 ended 30 September, 2012. 9 moths 2012 FINANCIAL HIGHLIGHTS 1. ...
Tags: Metinvest BV, steel, mining, company news
Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
Essar Energy plc,the India focused integrated energy company,announced that the 600 MW unit 1 of its 1,200MW Mahan I power project has been synchronized with the transmission grid and has commenced generating power. Mahan I,in Madhya ...
Tags: Essar Energy plc, energy company, India, Mahan I project
RIA Novosti reported that London listed TransContainer saw its IFRS nine month 2012 net profit grow 42.8% YoY to RUR 4.273 billion (USD 140 million). Analysts expected the rail cargo operator to post a net profit of RUR 4.38 billion in ...
Tags: TransContainer, net profit, rail cargo, container transportation
With its proposed $1 billion acquisition of Akzo's North American house paint business PPG Industries, Inc. has found a use for the $900 million in cash proceeds from its soon to be completed commodity chemicals divestiture. Importantly, ...
Tags: Housing Recovery, PPG Industries, Construction, Akzo
Mechel OAO one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). Mechel OAO announces that it has signed an agreement for the disposal of ...
Tags: Mechel OAO, metallurgical coal producer, Toplofikatsia Rousse EAD
For its fiscal fourth-quarter 2012 (to end-June), optical communications and laser component, module and subsystem maker Oclaro Inc of San Jose, CA, USA has reported a second consecutive quarter of growth as it continues to recover from ...
The international credit ratings agency Standard and Poor's has announced that the France based seamless steel tube producer Vallourec will maintain its strong market positions in premium steel pipes and connections for the oil and gas ...
Tags: Standard and Poor, seamless steel tube, Vallourec, market positions
Shares in Diamond Foods rose today (18 December) after the Kettle Chips owner reported underlying first-quarter earnings that were ahead of Wall Street forecasts. The US snack group reported adjusted earnings per share of US$0.24 for ...
For second-quarter 2012, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $136.5m, down 2% on $139.9m last quarter and 48% on $264.8m a year ago. Fiscal ...
Tags: Veeco, MOCVD, revenue and earnings
For fiscal second-quarter 2013 (to end-September 2012), Advanced Photonix Inc of Ann Arbor, MI, USA (which designs and makes silicon, InP- and GaAs-based APD, PIN, and FILTRODE photodetectors, HSOR high-speed optical receivers, and T-Ray ...
Tags: Advanced Photonix, sales, high speed optical receiver, network spending
NuStar Energy has entered into a long-term pipeline and terminal services agreement with ConocoPhillips that will expand the liquids terminal and pipeline operator's South Texas Crude Oil Pipeline System, NuStar said Thursday. The ...
Tags: oil pipeline system, oil, liquids terminal, Crude Oil Pipeline System
Gerresheimer has acquired a majority stake in the Indian company Triveni, a manufacturer of plastic containers and closures for the pharma industry, for an undisclosed sum. Gerresheimer CFO Hans-Jürgen Wiecha said the acquisition is ...
Tags: Gerresheimer, Pharma Packaging, Packaging
Brambles has signed a sale and purchase agreement to acquire Pallecon, a provider of intermediate bulk containers (IBC) in Europe and the Asia-Pacific, for €135 million (US$177 million). Brambles CEO Tom Gorman said: "Pallecon has ...
Tags: bulk containers, transportation, Brambles, acquisition
Mechel’s steel segment’s revenue from external customers in Q3 2012 amounted to USD 1.7 billion or 63% of the consolidated net revenue, a decrease of 10.4% over the segment’s revenue from external customers of USD 1.9 ...
Tags: steel segment, Mechel, steel, Steel Management