The rating on Steel Authority of India Ltd reflects the company's good market position and diverse customers in India and its favorable cost position due to its captive sources of iron ore. SAIL's good access to funding as a government ...
Tags: Steel, iron ore, steel producer, steelmaking capacity
NYMEX January crude futures settled 88 cents lower at $85.89/barrel Thursday, while the rest of the complex also declined on a weak equities performance and US dollar strength. January heating oil settled 2.31 cents lower at ...
Tags: NYMEX, crude futures, weak equities performance, heating oil
Vicinity earns distinction through demonstrated technology success and customer commitment. Vicinity Manufacturing today announced it has achieved a Silver Microsoft Independent Software Vendor competency, demonstrating its ability to ...
Tags: Microsoft Competency, Vicinity Manufacturing, Computer Products
American medical device firm Vascular Solutions has invested $3m to acquire Venture wire control catheter from St. Jude Medical. Having a deflectable atraumatic distal tip that can be angled up to 90 degrees, the catheter offers ...
Tags: acquisition, medical device, medical product
Australian food manufacturer Goodman Fielder has agreed to offload its Integro commercial oils business to local grain trader GrainCorp. Goodman Fielder announced the A$170m (US$176.5m) deal today (28 August). The company, which is ...
Tags: Goodman Fielder, oils business, GrainCorp, Cargill
Price increases to offset higher commodity costs has boosted sales - and therefore profits - at US nut firm John B. Sanfilippo & Son. The company booked net income of US$7.5m for the quarter to 27 September, compared to $2.2m a year ...
Tags: commodity costs, sales, food market, food industry
Price rises have helped US-based nut group John B. Sanfilippo & Son to book a 4% increase in full-year sales, despite lower volumes. For the 12 months to the end of June, Sanfilippo & Son saw net sales reach US$700.6m. The group ...
Tags: nut, sales rise, food market, food sales, food industry
The 3rd quarter's sales for Curtains Made Simple have been its best yet.There have been many reasons for this;a much expanded range of fabrics,increased range of products that can be ordered online and the increase in the price for ...
Tags: textile industry, UK industry, reshoring, fabric
South African poultry group Astral Foods has booked a 23% drop in full-year earnings on higher grain prices and greater competition from European and South American poultry importers. Net income fell to ZAR392m (US$38m) in the year to end ...
Tags: Astral Foods, drop, earnings, corn costs
Department of Service Statistics of NBS China Federation of Logistics and Purchasing(CFLP) In November,non-manufacturing purchasing manager index was 55.6 percent,a slight increase of 0.1 percentage points over the previous month. In ...
Netherlands-based finished and semi-finished goods manufacturer VDL has signed a deal to take over Mitsubishi's western European plant, NedCar, and start production of MINI vehicles. VDL said the takeover will enable the company to ...
Tags: VDL, MINI, Mitsubishi
Australian grain handler GrainCorp has agreed to acquire Australian oilseed crusher Gardner Smith for A$302m ($313.82m) as well as Goodman Fielder's commercial oils business Integro Foods for A$170m ($176.65m). The deals, which represent ...
Tags: commercial oils business, edible oil sector, leading oilseed crusher
PerkinElmer has launched new Ensemble for QA/QC integrated informatics solution to decrease procedural errors, and accelerate data review and results delivery of quality assurance (QA) and quality control (QC) laboratories. The solution ...
Tags: PerkinElmer, Ensemble for QA/QC integrated informatics solution
Australasian food company Goodman Fielder has entered into an agreement to sell its Integro oils business to a consortium comprising GrainCorp and Gardner Smith for A$170m($176m). The sale does not include the out-of-home business in ...
Tags: agreement, Integro oils, divestment
Cashmere World (27 - 29 Sept. 2012 in Hong Kong Convention and Exhibition Centre) kicks off its Hong Kong debut with big expectations. Visitor numbers are seen to surpass that of last year's show in Beijing, as it benefits from the vibrant ...
Tags: Cashmere World, fashion business, garment business, cashmere