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SPX Flow: Preliminary Q3 Results
Oct 25, 2016Announcing preliminary financial results for the third quarter ended 1 October 2016, SPX Flow said that on an adjusted basis, operating income in the third quarter is expected to be just below the guidance range of US$35 million–US$45 ...
Tags: SPX Flow, Q3 Results
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Xylem Opens Pump Rental and Services Hub in Dubai
Oct 13, 2016Xylem Inc has set up a new pump rental and service business in Jebel Ali, Dubai to serve growing demand from the construction and infrastructure sectors, as well as municipal customers, across the Middle East and North Africa (MENA). The ...
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Coca-Cola Extends Investment in Safe Water Access Programs
Apr 13, 2015At the 7th World Water Forum, Ahmet Bozer, Executive Vice President and President of Coca-Cola International, announced the expansion of The Coca-Cola Africa Foundation's (TCCAF) Replenish Africa Initiative (RAIN), pledging an additional ...
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CN Will Start Serving a New State-of-The Art Frac Sand Producer
Dec 12, 2013CN (TSX: CNR) (NYSE: CNI) announced today it will start serving a new state-of-the art frac sand producer on its Wisconsin rail network in December 2013. The production facility of Source Energy Services (SES), formerly Canadian Sand and ...
Tags: gas, oil, Metallurgy, Mineral, Energy
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CTP and Farmout Partner Total to Increase Expenditure for The Stage 1 Exploration Program
Nov 29, 2013Central Petroleum Limited (ASX: CTP) ("Company" or "Central") and farmout partner Total have agreed to increase expenditure for the Stage 1 exploration program of their Joint Venture in the South Georgina Basin by US$35 million. Stage 1 ...
Tags: Metallurgy, Mineral, Energy
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The Russian Steel Pipe Producer TMK's Net Profits Dropped by 13%
Nov 28, 2013It’s reported that the Russian steel pipe producer TMK’s net profits dropped by 13% from a quarter ago to US$35 million in the third quarter of this year, according to the international financial reporting standards (IFRS). ...
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IVL Saw an Improvement in Its Business in The Third Quarter of 2013
Nov 12, 2013Indorama Ventures Public Company Limited (IVL), the world’s largest Polyester value chain company, saw an improvement in its business in the third quarter of 2013, with revenue climbing by 11% to US$1.9 billion from US$1.7 billion in ...
Tags: Polyester
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The Mercedes-Benz W196R F1 Car Was Sold for a Record-Breaking Us$29 Million at Goodwood
Jul 16, 2013The Mercedes-Benz W196R F1 car driven by Juan Manuel Fangio in 1954 has been sold for a record-breaking US$29 million ($32 million) at the Goodwood Festival of Speed. The unprecedented price tag makes the 59-year-old racer?the most ...
Tags: Transportation, Benz, car
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Alcoa Plans to Permanently Close Its Fusina Aluminium Smelter in Italy
Jul 11, 2013It’s reported that Alcoa Inc. plans to permanently close its Fusina aluminium smelter in Italy and book a charge of up to US$35 million for the move in order to cut capacity amid sluggish demand. The smelter in Venice, which has ...
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Dialog Semiconductor Has Announced Plans to Acquire iWatt for as Much as US$345 Million
Jul 8, 2013Dialog Semiconductor has announced plans to acquire iWatt, a provider of digital-centric power management ICs, for as much as US$345 million. Dialog said it will pay approximately US$310 million in cash, plus up to US$35 million in ...
Tags: Semiconductor, Electrical, Electronics
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Labrador Iron Mines Holdings Limited Entered Into a New Iron Ore Sales Agreement
May 17, 2013Labrador Iron Mines Holdings Limited announced Tuesday that it has entered into a new iron ore sales agreement with the Iron Ore Company of Canada (IOC) for the sale of all of LIM's iron ore production for the next two calendar years 2013 ...
Tags: Iron Ore Company, Iron Ore
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Giga Solar Has Reported Front Silver Conductive Paste Shipments in The Q1 Reached 2.4 Tons
May 10, 2013Taiwan-based solar conductive paste maker Giga Solar has reported front silver conductive paste shipments in the first quarter reached 2.4 tons. Including shipments of back silver conductive paste, silver conductive paste sales have ...
Tags: Giga Solar, Silver Paste Shipments
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Cemex Latam Holdings, S.A. Has Announced Its 1q13 Results
Apr 27, 2013CEMEX Latam Holdings, S.A. has announced its 1Q13 results, revealing that consolidated net sales (after adjustments for fewer business days in the quarter) increased 3% y/y to US$383 million. Using the same adjustments, operating EBITDA was ...
Tags: Latam Holdings, Higher Prices
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Olam International Has Booked a Jump in First-Half Sales
Feb 18, 2013Olam International has booked a jump in first-half sales, which were up by almost one quarter on strong growth from the Singapore group's food business. The company said sales in the six-month period rose 24.3% to S$9.6bn (US$7.72bn), on ...
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PETKIM Exports Goods Worth Us$ 1 Billion During The Current Year
Dec 19, 2012Petkim Petrokimya Holding A.S. (PETKIM), the leading petrochemical company of Turkey, is likely to export goods worth US$ 1 billion during the current year, according to a report released by the company. During the first nine months of ...
Tags: Petkim Petrokimya, PETKIM, export, US$1 billion