European dairy giant Arla Foods has initiated an internal transformation program in an effort to realize more than €400m of savings by the end of 2020. The program, dubbed Calcium, seeks to strengthen the company's performance to the ...
Tags: Brexit, Arla Foods
Shell originally sanctioned the project in October 2013 and announced in March 2015 that the project would be re-phased to take advantage of the market downturn to optimise design and retender certain contracts. After careful review of the ...
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
Australia-listed Stanmore Coal has appointed mining contractor Golding to restart production at its Isaac Plains mine in the first half of 2016, the miner said in a statement to the Australian Securities Exchange Thursday. Stanmore ...
Tags: thermal coal, coal
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
The World Trade Organization and the Food and Agricultural Organization are joining hands to step up collaboration over trade and food security, as well as other issues such as functioning of international grain markets. As part of the ...
Jarden Corporation expects net sales of at least $2.4 billion for the fourth quarter of 2014, driven by strong organic growth. The owner of The Coleman Co., K2, Marmot, Rawlings and two dozen other sporting goods brands also expects ...
Tags: net sales, Sporting Goods
“Degradable natural fibres have an advantage over synthetics when it comes to the environment. Having said that, there are developments in the pipeline to aid the environmental sustainability of synthetics,” the head of a full ...
Tags: synthetics, wool, cashmere, alpaca, Textile
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its production results for the first quarter of the current year. In the given quarter, TMK shipped 1.022 million mt of pipes to customers, down ...
Tags: oil, gas steel pipe
February 24, 2014 Sophie Langley Australian-based dairy businesses have coped differently with 'difficult' market conditions Food and beverage company Lion has announced its Dairy and Drinks business experienced “significant ...
Tags: Bega, Lion Dairy, WCB, RTD
Land O'Lakes, Inc., today announced record annual sales of $14.2 billion, up 4.4 percent from the prior year, and record net earnings of almost $306 million, a 27 percent increase over the prior year. The strong 2013 results continue a ...
Tags: Land O'lakes, Annual Sales
Soybeans were lower on fund and technical selling. The near term supply remains tight and demand continues to look strong, keeping the fundamentals pretty much bullish. Past that – there's acreage position squaring against corn and ...
Soybeans closed higher Friday. DTN cites buying late in the session, the result of USDA's bullish export sales figures for soybeans. That may have been even more bullish, except for a general distrust of USDA's estimates, and of China's ...
Tags: Agriculture, Food, Corn, Soybean
On December 19, China Huarong Asset Management Co. (China Huarong), one of China's four state-owned asset management companies, announced that it has formally become a shareholder of Tianjin International Mining Exchange. Details regarding ...
Tags: shareholder, Tianjin, mining