Label and tag manufacturer Continental Datalabel has installed three Mark Andy Performance Series P5 presses, to support growing production volumes in the US. The firm, which operates three manufacturing facilities in Texas, California ...
Irish food company Greencore Group has announced the proposed acquisition of Peacock Foods for $747.5m to expand its presence in the US. The US based Peacock Foods is headquartered in Geneva, Illinois and is into producing frozen ...
Tags: Greencore, Peacock Foods
China-based investment firm Legend Holdings has signed a strategic agreement with Australian seafood company Kailis Family. Under the agreement, Legend Holdings and Kailis Family will form a joint venture named KB Food Group, in which ...
Tags: Legend Holdings, Cooperation, Kailis Family, Seafood
Crown Asia Chemicals has reportedly invested in new equipment to increase plastic compounding capacity in Philippines by around 10%. The company equipped its facility in Guiguinto, Bulacan with a new polyvinyl chloride (PVC) compounding ...
Canadian Methanol producer, Methanex said its adjusted net income climbed 21.21 per cent from a year ago quarter for the fourth quarter ended December 31, 2014. Methanex posted adjusted net income of $80 million or $0.85 per share on a ...
Methanex, the world’s largest producer and supplier of methanol to major international markets, has announced that it has successfully produced first methanol from its new 1.0 million tonne plant in Geismar, Louisiana, in the US. ...
Tags: cost savings, substantial schedule, Textile
Adjusted EBITDA in the third quarter of 2014, at the world’s largest producer of Methanol and Canada-based Methanex slipped 14.37% from second quarter of 2014. Methanex said adjusted EBITDA fell 14.37% sequentially quarter on ...
Tags: Adjusted EBITDA, Methanol, Textile
For the second quarter of 2014, Methanex reported Adjusted EBITDA of $160 million, compared to Adjusted EBITDA of $255 million reported in the first quarter of 2014 and $157 million reported in the quarter ended June 30, 2013. Adjusted net ...
Tags: Methanex, Adjusted EBITDA, Textile
Methanex, the world’s largest producer and supplier of methanol to major international markets, has announced its new regional contract methanol prices for North America and Asia Pacific regions. For the North American region, ...
Tags: Methanex, Methanol Contract Prices, Textile
A majority of U.S. manufacturing executives expect their sales will grow a little more than 9 percent for the rest of 2014, according to the Institute of Supply Management’s semi-annual survey of purchasing and supply managers. Of ...
Tags: U.S.manufacturing
For the first quarter of 2014, Methanex reported Adjusted EBITDA of $255 million and Adjusted net income of $160 million ($1.65 per share on a diluted basis). These figures compare with Adjusted EBITDA of $245 million and Adjusted net ...
Tags: Methanex, methanol industry
Alcoa has announced it will permanently close its Point Henry aluminium smelter and two rolling mills in Australia. The smelter and an adjacent rolling mill are located in Geelong, Victoria. The second mill and a recycling facility are ...
Tags: aluminium, Metallurgy, Mineral
In early October, Mustang launched its next generation of vertical-lift skid-steer loaders to the public, just in time for fall and winter farm chores that require heavy lifting, dumping and hauling. The two models in the new line are the ...
Methanex Corporation has reached a number of key milestones with respect to its near-term capacity growth objectives in New Zealand, Canada and Chile. On October 4, 2013, the company successfully produced its first methanol from the newly ...
Tags: Operating Capacity, Methanex
JFE Chemicals which operates a benzene plant has reduced the operating capacity of the plant. “We are operating the benzene plant at 70% of production capacity due to lower demand in the market,” a JFE official told ...