3:14 min
Facts & Figures
Amcor announces US$280 million acquisition of Ball Plastics Packaging Americas
The purchase price is US$280 million, which represents four times the last 12 months acquired EBITDA of US$70 million.* The business has five plants in North America and sales of approximately US$600 million. Approximately 50% of the earnings of the business are derived from the ...
1:40 min
Facts & Figures
Cereplast expects to ship 16 million pounds of bioplastics in 2010
Cereplast, Inc. (NASDAQ: CERP) a leading manufacturer of proprietary bio-based, sustainable plastics, announced today that it expects to produce and ship approximately 16 million pounds of their proprietary bio-plastic resins to customers in 2010, representing a 400% increase in ...
2:21 min
Facts & Figures
PolyOne announces first quarter 2010 expectations
Anticipate earnings per share before special items and tax adjustments of approximately $0.15 for first quarter 2010 versus First Call Consensus Estimate of $0.09 Positive impact of new business gains and improving demand dynamics expected to drive revenues above $600 million ...
2:23 min
Facts & Figures
PolyOne announces first quarter 2010 expectations
Anticipate earnings per share before special items and tax adjustments of approximately $0.15 for first quarter 2010 versus First Call Consensus Estimate of $0.09 Positive impact of new business gains and improving demand dynamics expected to drive revenues above $600 million ...
7:38 min
Facts & Figures
LANXESS confident after strong final quarter 2009
Full-year sales 2009: EUR 5,057 million EBITDA pre exceptionals: EUR 465 million EBITDA margin pre exceptionals: 9.2 percent Net income: EUR 40 million “Challenge09-12”: EUR 170 million savings Proposed dividend 2009: EUR 0.50 per share ...
1:20 min
Facts & Figures
LANXESS adjusts 2009 earnings forecast
The specialty chemicals company LANXESS AG adjusted its earnings forecast for the business year 2009 after having a significantly better-than-expected fourth quarter, according to preliminary unaudited results. LANXESS now expects to achieve EBITDA pre exceptionals of EUR 450-470 ...
2:10 min
Facts & Figures
LA SEDA DE BARCELONA obtains 371 million EURO for its PTA project in Sines
LA SEDA DE BARCELONA has signed a Project Finance for 371 million euros with a long term 15 year financing for its facilitiy in Sines, a Portuguese town in the south of Lisbon. The Project Finance for the chemical Corporation’s PTA plant is led by the Portugese bank Caixa Geral, ...
5:23 min
Facts & Figures
Krones publishes its nine-month report for 2009
Business is being hit by the worldwide financial crisis. In the year’s first nine months, sales fell by 22.8 % to 1,364.0 million euros, while pretax earnings were at minus 26.9 million euros. Krones is targeting a break-even result in the year’s final quarter. Krones AG, the world’s ...
4:31 min
Facts & Figures
Krones presents mid-year report for 2009
The figures at Krones, the world’s market leader for beverage filling and packaging technology, were hit by the cyclical downtrend in the first half of 2009. Thanks to its eminently sound financial and balance-sheet structure, however, Krones is able to cope significantly better with ...