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Capital Spending
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Bemis Plans to Close Two Manufacturing Facilities
Jul 4, 2017Flexible packaging products manufacturer Bemis is planning to close two manufacturing facilities and separately cut about 300 jobs as part of its measures to reduce cost structure. The company unveiled its restructuring and cost savings ...
Tags: Flexible packaging, packaging
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Libbey's Net Sales Decreases in Q1 2017
May 3, 2017Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...
Tags: glass tableware, tableware
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Second Quarter and Half Year 2011 Results and Interim Dividend Announcement
Dec 10, 2016Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Our second quarter 2011 earnings were higher than year-ago levels, driven by increased energy prices and Shell’s operating performance. Shell reinvests its ...
Tags: Royal Dutch Shell, Shell
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New Shell CEO Ben Van Beurden Sets Agenda for Sharper Performance and Rigorous Capital Discipline
Dec 8, 2016Van Beurden, who became the new CEO of Royal Dutch Shell plc (“Shell”) on 1 January 2014, said Shell’s strategy overall is sound. The company has a high quality portfolio and key strengths in technology and project ...
Tags: Shell, technology, project delivery
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Capital Markets Day 2016: Re-Shaping Shell to Create a World Class Investment Case
Sep 28, 2016Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...
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NeoPhotonics' Q2 Revenue up 16% Year-on-Year to $99.1m, Driven by 100g
Aug 17, 2016For second-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics PICs
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Frigoglass Announces Second Quarter Results Ended June 2016
Aug 9, 2016Frigoglass SAIC announces audited results for the quarter and six months ended 30 June 2016. Second Quarter 2016 Highlights Sustained recovery in West Europe (+27% y-o-y) driven by ICOOL’s penetration in Coca-Cola bottlersOngoing ...
Tags: Frigoglass SAIC, beer market, Glass business
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Oclaro Reports 100g Revenue Growth for Fourth Consecutive Quarter, up 94% Year-on-Year
May 9, 2016For its fiscal third-quarter 2016 (to 26 March), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $101.1m, up 7.4% on $94.1m last quarter (a third ...
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SemiLEDs Improves Quarterly Margins and Cash Reserves
Apr 19, 2016For its fiscal second-quarter 2016 (to 29 February), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.92m, down 36% on $4.6m a year ago but only 2% on $2.96m last quarter. "We have made good ...
Tags: SemiLEDs
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Finisar's Wavelength-Selective Switch Telecom Sales Growth Offsets Tail-off In 40G Transceiver Datacom Sales
Mar 23, 2016For its fiscal third-quarter 2016 (to end-January), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $309.2m, down 3.7% on $321.1m last quarter but up slightly on $306.8m a ...
Tags: Finisar
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Abu Dhabi Seeks 25% Cost Savings on Major Oil Projects: Report
Nov 6, 2015State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...
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SEMI: Fab Spending Recovery to Continue
Nov 5, 2015Equipment spending by semiconductor chip manufacturers, a key industrial market for vendors of both lithography and laser-based wafer processing systems, will reach $32 billion in 2010 – more than double the 2009 figure. ...
Tags: semiconductor, chip, LED fab
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Chevron Lowers 2017 Production Target Slightly, Cuts Capital Spending 25% for 2016
Nov 4, 2015Chevron on Friday revised slightly lower an earlier future production target due to prolonged but uncertain lower oil prices, while at the same slashing its capital spending for 2016 by 25% compared to this year. The company now sees ...
Tags: Chevron, oil prices, shale oil
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Increase Followed Gains in International Oil Prices Due to a Tense Geo-Political Situation
May 12, 2015The NDRC said the increase followed gains in international oil prices due to a tense geo-political situation in the Middle East and a weakening dollar.China has a pricing regime which adjusts domestic fuel prices when international crude ...
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Unifi Increases US & El Salvador Polyester Texturing Capacity
Apr 13, 2015US based synthetic yarn producer, Unifi, Inc. said it is expanding polyester texturing capacity in the US and Central America to support growing demand for synthetic yarn in the NAFTA and CAFTA regions. Unifi is expanding capacity at ...
Tags: Polyester, synthetic yarn