H.B. Fuller Announces Expansion into India
$12 million investment in manufacturing facility advances company’s growth initiatives
$12 million investment in manufacturing facility advances company’s growth initiatives
“In the third quarter, we further extended our recent successes with results even better than the good performance we have shown in recent quarters. This is the first quarter that we have ever achieved an adjusted EBIT margin of 13 percent,” said Kasper Rorsted, Chairman of the Henkel Management Board. “I would particularly like to emphasize the fact that all our regions and business sectors made a positive contribution to this success in a persistently challenging environment. Growth was once again given major impetus by our strong brands and successful innovations. However, the adaptation of our cost structures and further progress in the pursuit of our strategic priorities were also important contributory factors.”
Eastman Chemical Company (NYSE:EMN) today announced that it has commenced a cash tender offer for up to $400,000,000 (the “Tender Cap”) in aggregate principal amount of the specified series of its outstanding debt securities listed in the table below. A comprehensive description of the terms of the tender offer is included in Eastman’s Offer to Purchase, dated November 9, 2010 (the “Offer to Purchase”).
Manufacturing Capability Planned for China and U.S.
The manufacture of NatureWorks Ingeo plastic, made from plants not oil, emits fewer greenhouse gasses (GHGs) than the comparable manufacture of every other common petrochemical-based plastic, according to a peer-reviewed article published in the August 2010 edition of Industrial Biotechnology.
The international printing blanket manufacturer ContiTech has expanded its service center in Shanghai and has moved to a new location in the Chuansha Industrial Park, where it has at its disposal an area twice as large as before, ensuring that logistics run smoothly. “Our business with the Chinese printing industry has grown immensely in recent years, bringing our previous service center to its performance limits,” said Heiko Eymer, head of the ContiTech Elastomer Coatings business unit, at the official opening of the facility on November 12, 2010, in Shanghai. “With the new location, we want to continue growing.”
Torraspapel reaffirms its commitment to innovation and customer satisfaction with a new Customer Service Center and renewed website for its Portuguese Distributor.