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Sonoco Reports First Quarter Results for 2017

Apr 24, 2017

Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...

Tags: Sonoco, packaging

Carbios Develops Technological Solution to Recycle Opaque Plastics

Feb 13, 2017

Green chemistry firm Carbios has developed a new technological solution for recycling of opaque polyethylene terephthalate (PET) plastics such as milk bottles. Since 2012, the company has been involved in developing an enzymatic recycling ...

Tags: Carbios, Opaque Plastics

Osram LED Business Shows Positive Growth in 2Q15

Nov 13, 2015

Osram continued to show a good profit performance in the third quarter of fiscal 2015. EBITA1 excluding special items rose 24% from a year earlier to EUR 129 million (US$ 142.51 million) , translating into a margin of 9.5%. The development ...

Tags: Osram, smart lighting, LED lighting

GE Teams Up with Beacon Lighting to Expand LED Business in Australia and New Zealand

Nov 12, 2015

GE has partnered with Beacon Lighting to expand the reach of its LED business in Australia and New Zealand. Beacon, operating under Light Source Solutions, will be the sole distributor for GE's commercial and residential lighting ...

Tags: GE Lighting, Beacon Lighting, LEDs

General Electric Completes Sale of Fleet Business to Element Financial for $5bn

Sep 10, 2015

General Electric (GE) has completed the sale of its US fleet services business to Element Financial for $5bn. The company said that the sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is also expected to close ...

Tags: General Electric, Fleet Business

RPM Shows Fiscal 2015 Third-Quarter Results

Apr 14, 2015

RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...

Tags: RPM International, record sales

GigOptix Q1 Revenue Guidance by 5-6%, up 22-23% Annually

Apr 1, 2015

GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) says that it expects revenue for first-quarter 2015 to be 5-6% above the midpoint of ...

Tags: GigOptix, Electrical

China's industrial profits for the first two months of the year declined 4.2%

Mar 27, 2015

China's industrial profits for the first two months of the year declined 4.2 percent year on year, narrowing from the 8-percent decrease seen last December. Profits of Chinese industrial businesses hit 745.24 billion yuan (121.5 billion ...

Tags: industrial profits, industrial businesses

Gigoptix Expects Revenue for Fourth-Quarter 2014 to Be About $9m

Jan 6, 2015

GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) says that it expects revenue for fourth-quarter 2014 to be about $9m, up 6% on $8.5m ...

Tags: financial statements, Electrical

China's October Industrial Profits Down 2.1%

Nov 27, 2014

The profits of Chinese industrial businesses recorded a drop of 2.1 percent year on year, hitting 575.47 billion yuan (94.34 billion U.S. dollars) in October, the National Bureau of Statistics said on Thursday. Profits rose 0.4 percent in ...

Tags: Industrial Profits, product prices

Gulf Oil LP Announced The Continued Expansion and Diversification of Its Energy Offerings

Jan 8, 2014

In a groundbreaking move for Gulf Oil LP, the fastest growing branded marketer of energy products in the U.S., the company today announced the continued expansion and diversification of its energy offerings through its entry into the ...

Tags: Oil News, Gas News, Gulf Oil LP, Fuel Supply

Chinese Industrial Businesses Saw Profits Rise 9.7 Percent

Jan 2, 2014

Chinese industrial businesses saw profits rise 9.7 percent year on year in November, slowing from 15.1 percent in October, official data showed on Friday. Total profits of industrial companies with annual revenues of more than 20 million ...

Tags: high-tech industries, Chemicals

Chinese Industrial Businesses Saw Their Profits Rise 15.1% Year on Year in October

Dec 3, 2013

China's latest figures on industrial activities indicated that the world's second largest economy faced worsening overcapacity despite a slew of measures and repeated warnings from the leadership. Analysts said overcapacity was posing a ...

Tags: Overcapacity, China's Economy

Carlisle Companies Inc. is Selling CTP to AIP of New York, N.Y.

Oct 23, 2013

Carlisle Companies Inc. is selling Carlisle Transportation Products (CTP) to American Industrial Partners (AIP) of New York, N.Y., for $375 million in cash. The transaction is subject to customary closing conditions, including regulatory ...

Tags: Tire, Carlisle Transportation Products

Flextronics Increases Into LED Lighting Solutions

Oct 10, 2013

Company enables original equipment manufacturers, commercial and industrial customers to improve cash flow, accelerate time to market and meet energy efficiency targets globally During a webinar hosted by Flextronics, the company ...

Tags: Flextronics, LED Lighting

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