2:39 min
Facts & Figures
LyondellBasell adds holding company to Chapter 11 protection
LyondellBasell Industries today announced that LyondellBasell Industries AF S.C.A. has been voluntarily added to Lyondell Chemical Company's reorganization filing under Chapter 11 of the U.S. Bankruptcy Code to protect the European holding company against claims by certain financial ...
2:16 min
Facts & Figures
LyondellBasell increases fixed-cost reduction target to $700 million and initiates development of plan of reorganization
LyondellBasell today announced that it has increased its fixed-cost reduction target to $700 million by year-end 2010. The new target is part of a total performance improvement plan of $1.3 billion, which also encompasses variable and energy cost reductions, as well as revenue ...
2:20 min
Management
Coca-Cola is new minority investor
Innocent is pleased to announce that they have been successful in their search for a new minority investor to help fund their mission to get more natural healthy products to more people across Europe.The business is to receive £30m from The Coca-Cola Company. The money will be used ...
1:16 min
Management
New Board of Directors member for the Greiner Group
The Greiner Group Supervisory Board has appointed Dipl.-Bw. Axel Kühner as an additional member of the Board of Directors to join Dr. Axel Greiner. Born in Karlsruhe, Germany Mr. Kühner will take on the function from 01.04.2009. Dkfm. Dr. Peter Greiner, who has been an interim Board ...
2:10 min
Management
The ENGEL Scrapping Premium
In times like these in particular, a machine's economy and energy efficiency play an extremely important role. Old machines that have seen many years of service can quickly become energy hogs. And new investments typically pay their way in a very short time. For this reason, ENGEL is ...
3:52 min
Facts & Figures
Krones publishes its provisional figures for the 2008 business year
Krones AG, the world’s market leader for beverage filling and packaging equipment, has yet again turned in a very good result for the 2008 business year, as demonstrated by the provisional figures involved. Consolidated sales were up by 10.5 % over the previous year, to reach 2,381.4 ...
6:46 min
Facts & Figures
Strong results for 2008
Key figures for 2008 compared with 2007: Operating cash flow (EBITDA) : EUR 31.8 million (+ 40%) Recurrent Operating cash flow (REBITDA) : EUR 26.4 million (+ 16%) Net Financial Debt : EUR 34.3 million (minus EUR 16.3 million) Ratio Net Financial Debt ...
4:70 min
Facts & Figures
Bottled water growth slows as consumers turn on the tap
The combined forces of the economic downturn and environmental pressures are causing a sharp slowdown in the global bottled water market, according to a recent analysis by global beverage industry specialists, Canadean. The situation is most marked in the USA, where Canadean is ...
2:47 min
Facts & Figures
LA SEDA DE BARCELONA had aggregate sales of more than €1.9 billion in 2008
LA SEDA DE BARCELONA HAD AGGREGATE SALES OF MORE THAN €1.9 BILLION IN 2008 The company sets aside €139 million for the group’s subsidiaries Cash at the end of the year amounted to €33.6 million EBITDA of €78.4 million reinforce the chemical group’s solvency LA SEDA DE ...
2:20 min
Management
Corporate social responsibility
SMIGroup promotes the economic development through the values of social equity and environmental respect: values that are part of a corporate programme in continuous evolution based on the 10 Principles of the UN Global Compact.Social responsibility through the Global ...