. ?1,495 million sales, close to 3Q’12 at constant exchange rates and scope of business
Company reports $21 million of net income. Results in line with expectations.
Kemira Oyj and Wilmar International Limited have, through their subsidiaries, signed a joint venture (JV) agreement for the manufacture of AKD wax in China in two joint ventures. The JV entities in China will be owned 50-50 and will integrate the current facilities of Kemira in Yanzhou and the relevant Wilmar facilities in Lianyungang. Teaming up of the two major players underlines the long-term interest and determination of both companies to better serve all paper customers globally. The transaction is subject to fulfillment of certain conditions including merger clearances. Closing of the transaction is currently expected to take place in the third quarter of 2014.
New Zealand companies Demon Graphics and Blueprint have recently undertaken a project in Frankfurt.
Catalyst Paper (TSX:CYT) posted improved results in the third quarter of 2013 with higher sales revenues and production volumes, less maintenance-related downtime, and the positive impact of a weaker Canadian dollar balancing the impact of underlying structural changes in the industry.
Celebrating innovation for the construction industry and research in coatings for aeronautical applications
EFI (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, announced that the Federal Patent Court of Germany has invalidated substantial parts of a patent held by Durst Phototechnik Digital Technology GmbH related to white ink printing that Durst had previously asserted in an infringement action against EFI.
