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Klabin's pulp strategy 01 August 2024 facility. Fluff pulp, which constitutes 80 percent of Klabin’s softwood sales, contributed significantly to their net pulp revenue, amounting to BRL 604 million of the total BRL 1.6 billion. To mitigate cost pressures, Klabin focuses on cost reduction... Type: Article Category: South America Heidelberg Materials confirms strong performance in 2Q24 31 July 2024 has reported a robust performance in the second quarter of 2024, confirming its optimistic outlook for the year. Despite a revenue decline of EUR 71 million to EUR 5.5 billion, the company's result from current operations rose by 5 percent to EUR 971... Type: Article Category: Financial Turkey's Batı Anadolu Group plans USD 40M investment 31 July 2024 in seven years. With a focus on efficiency and debt reduction, the group's flagship companies contribute 54 percent of its revenue. Planned investments include waste heat power generation at Batısöke, waste-derived fuel units, and capacity expansion at... Type: Article Category: Markets & Competition Safe Bulkers reports strong Q2 31 July 2024 Safe Bulkers maintains a leverage ratio of 32 percent, with liquidity standing at USD 276 million and contracted revenue at USD 252 million. The company plans to expand its fleet while focusing on environmental upgrades, including fleet renewal and... Type: Article Category: Markets & trade Funding boosts production and job creation for Element5 31 July 2024 capacity at its St. Thomas facility. This expansion project aims to create 32 new jobs and significantly increase revenue and export sales. Element5 projects a revenue increase of over 300 percent and a nearly 600 percent boost in export sales. The... Type: Article Category: Other Altri’s profit surges in 2024 31 July 2024 Significant revenue and profit growth reported for Altri (CW Group) Altri Group has reported a substantial increase in net profit for the first half of 2024, according to Pulpapernews.com. Total revenues for the second quarter reached EUR 240.0... Type: Article Category: Europe & Central Asia Graphic Packaging reports earnings 31 July 2024 Revenue declines but net income rises (CW Group) Graphic Packaging Holding Company has announced its financial results for the second quarter of 2024, according to Ink World. Net sales fell 6 percent to USD 2.2 billion, down from USD 2.4 billion in the... Type: Article Category: North America Ence financial turnaround 31 July 2024 Infobae. The company's gross operating profit (EBITDA) rose by 54.3 percent to EUR 100.9 million. Despite this, sales revenue fell by 2.3 percent to EUR 448.5 million. Net financial debt decreased slightly by 0.2 percent to EUR 279 million as of June... Type: Article Category: Europe & Central Asia Klabin profit decline 31 July 2024 production costs. Analysts had anticipated a net profit of BRL 727 million and an EBITDA of BRL 1.9 billion. Klabin's net revenue increased by 15 percent to BRL 5 billion, with a 16 percent growth in sales volume. The production cost per ton dropped by... Type: Article Category: South America Cementir Holding discloses first half 2024 results 30 July 2024 Denmark. Aggregate sales hit 4.9 million tons, with significant growth in Turkey due to a new quarry. Despite a 7.5 percent revenue drop to EUR 803.3 million, operating costs fell by 8.1 percent, leading to a gross operating margin of EUR 192.7 million.... Type: Article Category: Financial Dangote Cement reports profit surge 30 July 2024 Company posts record revenue despite modest profit growth (CW Group) Dangote Cement, Nigeria’s largest company by market value, reported a modest profit increase for the first half of the year, according to Premium Times. The company’s net profit rose... Type: Article Category: Financial ACC Limited reports strong growth in Q1 FY’25 30 July 2024 reduction, and enhanced efficiency. ACC's sales volume of clinker and cement grew by 9 percent to 10.2 million tons. The revenue for the quarter stood at INR 5,2 crore, with an operating EBITDA of INR 679 crore and an EBITDA margin of 13.2 percent. The... Type: Article Category: Environment Klaveness boosts fleet efficiency 30 July 2024 approach has earned recognition, including the Maritime Decarbonisation Operator of the Year Award in 2023. With average revenue per on-hire day rising to USD 39,427 in the first half of 2024, KCC demonstrates that enhanced efficiency aligns with... Type: Article Category: Equipment & technology JK Paper profit plunges 30 July 2024 fell sharply due to lower market prices and increased wood costs. In the quarter under review, JK Paper's consolidated revenue from operations reached INR 1,804.47 crore, up from INR 1,663.97 crore a year earlier. However, total expenses surged to INR... Type: Article Category: Asia Ramco Cements reports significant profit decline in Q1 FY25 29 July 2024 The company’s net profit dropped to INR 36.6 crore, down from INR 74.4 crore in the same quarter last fiscal year. Revenue from operations fell 6.8 percent to INR 2,093.55 crore, compared to INR 2,246.66 crore a year ago. The decline in revenue is... Type: Article Category: Financial Kyrgyzstan hikes coal prices 26 July 2024 Asia. From January to May 2024, Kyrgyzstan exported 302,000 tons of coal to Uzbekistan, generating USD 12.7 million in revenue. This represents a decrease of 1,000 tons compared to the same period last year when exports totaled 303,000 tons and earned... Type: Article Category: Markets & trade Scope 1 emissions rise for ProAmpac in 2023 26 July 2024 scope 2 location-based emissions rose by 4 percent compared to the baseline year. ProAmpac has also experienced increased revenue since 2021, with 20 percent of revenue coming from recyclable products and 770 percent from compostable products. The... Type: Article Category: Global Kimberly-Clark profits increase 26 July 2024 Strong net income despite revenue dip, positive outlook for 2024 (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Kimberly-Clark, owner of brands like Huggies and Intimus,... Type: Article Category: Global Supremex implements cost-cutting measures 26 July 2024 its position in the packaging sector to counterbalance the decline in envelope sales, which still make up 70 percent of its revenue. The company continues to diversify its product line, developing packaging solutions such as folding cartons and... Type: Article Category: North America Madeira’s cement sales increase 25 July 2024 (DREM) and Dnotícias.pt. Between January and June, 86,914 tons of cement were sold in RAM, generating EUR 12.2 million in revenue. This represents a 6.5 percent increase in quantity and a 22.5 percent rise in value compared to the same period in the... 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