South Korea-based solar material provider OCI has terminated two supply contracts with China-based Wuxi Suntech Power and one supply contract with Suntech International. OCI noted that the contract termination was based on Wuxi Suntech's ...
Tags: OCI, Polysilicon Supply, Lighting
Alcatel-Lucent's first-quarter revenue inched up 0.6 percent year on year, but it reported a net loss after making a profit a year earlier. Sales for the quarter ended March 31 totalled €3.2 billion, up 0.6 percent, but the net loss ...
Tags: Alcatel, Computer Products
HSBC Insurance has entered into an agreement to dispose of 50% stake in Hana HSBC Life Insurance Company, to joint venture partner Hana Financial Group. Financial terms of the transaction have not been disclosed, however it is expected ...
Tags: HSBC Insurance, Hana Financial
DuPont reaffirmed its full year 2013 EPS outlook and announced a 5% dividend increase. DuPont announced first quarter 2013 operating earnings per share (EPS) of $1.56 versus prior year earnings of $1.64. GAAP1 EPS from continuing ...
Tags: Textile
For first-quarter 2013, deposition equipment maker Aixtron SE, Aachen, Germany has reported revenue of €40.2m, down 4% on €42m a year ago and 48% on last quarter’s €77.5m. Fiscal Q1/2012 Q2/2012 Q3/2012 Q4/2012 ...
Tags: Aixtron, Aixtron SE
For the Cologne-based enterprise Oerlikon Leybold Vacuum, one of the major high-tech sources for vacuum pumps and systems, the planning company Dr. Sch?nheit + Partner; also based in Cologne, engineered the construction of a new, modern ...
BASF is taking a number of steps to strengthen the competitiveness of its Performance Products segment. The segment bundles BASF’s businesses with chemicals that improve the properties of many different end-user products. The ...
Tags: BASF, Performance Products, Construction
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
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
Croatian pharmaceutical packaging producer Piramida d.o.o. will receive an investment of 3.6m from EBRD to strengthen and expand its production. Of €3.6m, €2.7m will be used for balance sheet restructuring and €0.9m will ...
The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
Allied Bakeries is on target to commission its largest bread plant, with a capacity of 10,000 loaves an hour, at Walthamstow in East London this summer. Allied Bakeries plans to commission its largest bread plant, with a capacity of ...
Tags: Allied Bakeries, Food
Department stores chain John Lewis has sold more than £1bn of merchandise via its website in the last 52 weeks, the first time it has broken through the £1bn-mark, following a 40 per cent increase in sales generated via the ...
Tags: Computer Products, software
Spanish steelmaker Grupo Alfonso Gallardo has announced its intention to launch a workforce reduction program within the scope of its efforts to trim output levels in line with slack local demand for long steel products. In detail, the ...
Tags: Metallurgy, Mineral, Energy
Croatian pharmaceutical packaging producer Piramida will receive a loan amounting €3.6m from the European Bank for Reconstruction and Development (EBRD) to expand its production. The company will use €2.7m for balance sheet ...
Tags: Piramida, Packaging Production