Operating profit in 3Q was 11% higher to $60 million and net income showed a loss of $1 million.Read more
Essentra's $455 million acquisition of Clondalkin Group's specialist packaging division (SPD) includes five folding carton plants in the US and four in Europe focused on pharmaceuticals and healthcare.
Clondalkin's SPD has estimated 2014 revenues of $438 million, mostly in pharma and personal care, with 51 percent of revenues in cartons, followed by leaflets and labels.Read more
North American forest products railroad freight was down 4.9% to 17,934 carloads in the latest week ending Nov. 8, according to the Assn of American Railroads. Volume through 45 weeks of 2014 at 841,837 carloads was 0.4% lower than in 2013, the only commodity group shown in the red.
US forest products freight in the week was down 5% and year-to-date was 2.6% higher. Canada was down 4.7% in the week and 4.5% year-to-date. Mexico was 3.3% and 7.1% lower respectively.Read more
OAKLAND, CA, Sept. 26, 2014 (RISI) -North American forest products railroad freight in the week ending Sept. 20 was 1.9% higher than a year ago at 18,982 carloads, the Assn of American Railroads reported. Through 38 weeks of 2014 carloads at 709,279 were 0.4% lower than in 2014.
US forest products freight in the week was up 2.1% to 11,532 carloads, Canada was down 5.2% to 7,398 and Mexico was up 57.6% to 52,000.
Total North American rail carloads in the week were up 3.9% from 2013 and year-to-date were 3% higher, AAR showed.Read more
Pratt toldThe Dealin Australia that combined sales this year would be A$4.8 billion, up from $4.1 billion last year. Earnings are estimated to be above A$750 million but the private company does not disclose its financial results.Read more
The Declaration is a non-binding move to reverse global forest loss while simultaneously enhancing food security.Read more