International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...
Tags: oil demand, fuel oil
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
China manufacturers of metallized film capacitors are strengthening the category, spurred by the forecast 15 percent annual sales growth in coming years. While most continue to enhance the performance of mature types, major players venture ...
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
Going long on lead and short on copper continues to be a solid investment strategy in 2014, particularly as lead tilts toward a supply deficit and copper toward surplus, investment bank BNP Paribas said Thursday. Despite lead's ...
For first-quarter 2014, RF front-end component maker and foundry services provider TriQuint Semiconductor Inc of Hillsboro, OR, USA has reported revenue of $177.6m, down 34% on $267.7m last quarter (due to seasonality plus channel inventory ...
Tags: Electrical, Electronics
Tetra Pak's net sales for 2013 were AU$16.4b (€11.1b) - up 3.5% from 2012 in comparable terms. "The combination of strong competition and soft economies in many markets around the globe created a tough business environment for Tetra ...
Nigerian crude values for April are beginning to rise steadily on higher refining margins and healthy demand from Europe, trading sources said Friday. Spot trade in Nigerian cargoes has increased this week, with some high offers and deals ...
Tags: Crude Values, Mineral
BASF increased sales and earnings in 2013 compared with the previous year. “2013 was again a demanding year, with a lot of headwind for our industry. Nevertheless, we achieved our goal: We sold more, worked more closely together with ...
Tags: BASF, Construction Coating
Nigerian crudes for March loading have sold well with less than 10 cargoes unsold from the March program, because of healthy demand from Europe and India, although the remaining grades were struggling to sell, sources said Wednesday. More ...
Tags: Mineral, Nigerian Crudes
For its fiscal second-quarter 2014 (ended 28 December 2013), JDSU of Milpitas, CA, USA has reported revenue of $447.6m, up 4% on $429m last quarter and $429.4m a year ago (and above the guidance of $420-440m). By sector, 44.2% of revenue ...
Apollo Tyres Ltd. posted net income of 2.2 billion rupees on net sales of 34.3 billion rupees for its second quarter ended Sept. 30, 2013. That compares to income of 1.5 billion rupees on sales of 33.7 billion rupees for the same period ...
Tags: Apollo Tyres