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B.I.G Industries ceases concrete division 18 July 2024 Uni-Mix Concrete Products Sdn Bhd, and Kinalaju Supply Sdn Bhd. The closure comes as a result of the division's historical financial performance and a challenging business outlook in a highly competitive market. B.I.G Industries cited persistent... Type: Article Category: Concrete & Brick OceanPal's expansion into product tanker sector 18 July 2024 and the remainder in the form of shares of the company’s Series D Preferred Stock, aimed at bolstering OceanPal’s future financial position. A seller’s credit of USD 10.9 million, bearing 5.0 percent interest per annum, will be paid post-delivery by... Type: Article Category: Markets & trade Seacon's profitable Supramax sale 18 July 2024 The 57,000 dwt vessel, constructed by Cosco Zhoushan, was previously under a bareboat charter with Bank of Communications Financial Leasing, including purchase options. Seacon intends to utilize the proceeds from the sale to potentially acquire new... Type: Article Category: Markets & trade Tuli Paper Mill restoration begins 18 July 2024 the preliminary stages of revitalizing the mill. Currently, the focus lies on conducting an audit to resolve outstanding financial obligations, particularly the pending liabilities of former mill employees. This audit phase is slated for completion by... Type: Article Category: India Pulp price forecast adjustments impact sector outlook 18 July 2024 pulp price forecast unchanged at an average of USD 1,225 per ton. The fluctuation in cellulose prices directly impacts the financial outlook for companies like Altri and Navigator. JB Capital predicts Altri will achieve an EBITDA of 272 million euros... Type: Article Category: Europe & Central Asia Qassim Cement joins industrial competitiveness program 17 July 2024 facilities affected by the energy price adjustment plan. As part of the program, Qassim Cement intends to minimize the financial impact on its operations and protect shareholder interests. The program will reduce the financial impact of increased... Type: Article Category: Markets & Competition InterCement files for preliminary injunction 17 July 2024 precautionary measure in Brazil to support a judicially supervised provisional collective mediation process with its main financial creditors, according to Brasil Mineral. The injunction requested by InterCement and its affiliates aims to create a... Type: Article Category: Markets & Competition Dalian COSCO builds and names new bulk carriers 17 July 2024 completed the construction and naming of two new 82,000-dwt bulk carriers, "Ding Run" and "Ding Peng" (DE142/143), for CMB Financial Leasing. The first vessel, "Ding Run", was officially signed and delivered to the shipowner on the same day as the... Type: Article Category: Markets & trade CSSC Chengxi Shipbuilding achieves major milestones 17 July 2024 The shipyard successfully launched its first 82,600-ton bulk carrier, named "Blue Whale", designed for Zhejiang Zheyin Financial Leasing Co., Ltd. This vessel, classed by LR classification society, showcases advanced green and energy-saving... Type: Article Category: Markets & trade Oldendorff sells post-Panamax vessel 17 July 2024 amidst market conditions. The decision to divest these vessels reflects ongoing evaluations of operational efficiency and financial strategy in response to market dynamics. The dry bulk shipping industry continues to navigate fluctuating demands and... Type: Article Category: Markets & trade Heinzel Group to close Raubling Papier in Germany 17 July 2024 producing 210,000 tons per year of containerboard, has faced ongoing economic pressures throughout 2024. Heinzel Group's financial review earlier this year had already indicated the likelihood of closure for Raubling Papier. According to Heinzel Group,... Type: Article Category: Europe & Central Asia NASCO expands fleet with new ultramax builds 16 July 2024 The recent order signifies the company's strategic move to enhance its capacity and modernize its fleet. No specific financial details were disclosed for the latest deal. This new order follows NASCO's previous contract for similar ultramax vessels... Type: Article Category: Markets & trade Spain's paper industry resilience 16 July 2024 geopolitical volatility and rising costs, Spain's paper industry is showing resilience through increased exports, informs Financial Food. Spanish exports of cellulose, paper, and cardboard rose by 4.5 percent this year, with Europe as the main market.... Type: Article Category: Europe & Central Asia Building materials industry faces challenges 15 July 2024 losses totaling billions over the past two years, contrasting sharply with its record profits in 2021. The 2023 financial results reveal Formosa Ha Tinh's struggle, with losses amounting to USD 900 million in two years after a profitable 2021. These... Type: Article Category: Other Suzano-IFC Eco Initiative 15 July 2024 across the Cerrado, Atlantic Forest, and Amazon biomes by 2030. The initiative includes training, technical support, and financial strategies for large-scale restoration, impacting approximately 130,000 hectares and enhancing the landscape's ecological... Type: Article Category: South America Vietnam's steel industry faces challenges amidst mixed results 12 July 2024 manufacturers in Vietnam, including major players like Formosa Ha Tinh and Hoa Phat Group, have navigated significant financial challenges recently, as reported by Vietnam Net. Despite a profitable 2021, Formosa Plastics Group's Vietnamese subsidiary,... Type: Article Category: Other Stora Enso secures major funding 12 July 2024 Materials Division. Kaarlo Höysniemi, SVP Group Treasury, added, “This new loan with EIB will not only provide us with financial flexibility, but it also underscores our commitment to sustainable, profitable growth. Securing access to long-term capital... Type: Article Category: Europe & Central Asia BP faces profit squeeze from weak refining margins and oil trading 11 July 2024 these setbacks, BP's upstream oil and gas production is expected to hold steady compared to the previous quarter. BP's financial outlook for the second quarter reflects the broader challenges facing the petroleum industry. Investors await the company's... Type: Article Category: End-user Markets Andhra's Petrochemical ambitions 11 July 2024 Union Finance Minister Nirmala Sitharaman, Defence Minister Rajnath Singh, and Health Minister J P Nadda to seek increased financial support for the state. The discussions with BPCL and the central ministers come amid Andhra Pradesh's rising public... Type: Article Category: End-user Markets Record coal loading achieved in June 10 July 2024 saw a 31.8 percent monthly increase in coal production. The positive performance in June sets a promising tone for RMKE's financial outlook in the second quarter of 2024. Looking ahead, RMKE plans to expand its coal logistics operations beyond South... Type: Article Category: Markets & trade 22 23 24 25 26 27 28 29 30 31 Results 521 - 540 of 3758 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? Create one SHOW Forgot your username/ password? 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