Tuesday 05. February 2008
FUJIFILM to Establish a Subsidiary in India
Seeking Further Business Expansion in the Fast-Growing Indian Market
Business News
Tuesday 05. February 2008
UPM’s operating profit 2007 impacted by high cost of wood and fibre, Prospects for magazine paper business are improving
Financial Review 2007 – Earnings per share for 2007 were EUR 0.16 (EUR 0.65 for 2006), excluding special items EUR 1.00 (EUR 0.80) – Operating profit for the year was EUR 483 million (EUR 536 million), excluding special items EUR 835 million (EUR 725 million) – Operating profit for the fourth quarter was EUR 142 million (EUR 247 million), excluding special items EUR 194 million (EUR 252 million) – Full year results were impacted by significantly higher than forecast cost of wood and fibre – As a result of the Profitability Programme 2006, UPM has reduced its paper capacity by over 1.1 million tonnes and its headcount by 3,200 persons
Monday 04. February 2008
Fuji Xerox Invests 10 Billion Yen to Transform Ebina Center Into Manufacturing R&D Site
Consolidates All Manufacturing Functions From Technological and Product Development to Mass-Production Assessment
Monday 04. February 2008
DuPont Announces Leadership Changes
Donna Grier DuPont has named Linda West as vice president and general manager – DuPont Imaging Technologies, and Donna Grier as vice president – general auditor and chief ethics and compliance officer.
Monday 04. February 2008
DuPont Acquires Chemtura Fluorine Chemicals Business
DuPont has completed its purchase of Chemtura Corporations fluorine chemicals business. The move is part of DuPonts strategy to expand its fluorochemicals business offerings; enhance its presence in specialty businesses such as the fire extinguishants, pharmaceutical propellants and fluoro-intermediate markets; and leverage the assets and technologies included in the acquisition for the development of more sustainable fluorochemical materials, such as low global warming potential mobile air-conditioning fluids, foam expansion agents and refrigeration technologies.
Monday 04. February 2008
Gerresheimer AG: 2007 another record year in terms of sales and earnings
According to provisional figures, Gerresheimer AG has just completed another record year. In 2007 the company achieved sales of 957.7m, up by 48.1%; the adjusted Group EBITDA margin reached 19%.
Monday 04. February 2008
Theisen Elected Chief Executive Officer of Bemis Company
The Board of Directors of Bemis Company, Inc. (NYSE: BMS) announced that it elected Henry J. Theisen to be President and Chief Executive Officer, at yesterday’s Board meeting.