2:51 min
Facts & Figures
Krones achieves turnaround with a substantial plus
With the global economy showing a definite recovery since the beginning of this year, the investment backlog in the beverage and packaging industries is now beginning to translate into actual orders. And Krones, as the world’s market leader for beverage filling and packaging ...
2:55 min
Facts & Figures
Petcore publishes PET collection figures for 2009 - European PET bottle collection increases by more than 8%
Petcore announced today that European post-sorting PET collection reached 1.4 million tonnes in 2009, an increase of more than 8% on 2008. The overall collection rate in 2009 rose by nearly 2.5%, from 46% to 48.4%, of all PET bottles on the market. The 2009 share of fibres as an end ...
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 ...