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Restructuring seeks to arrest sales drop in Nampak’s plastics business

Reduced demand and tough trading conditions in its Plastics division contributed to a fall in sales at South African converter Nampak for the year...

Strong third quarter from Borealis

Further investment related to growth projects and turnarounds has led to a €31million ($36m) reduction in third quarter net profit at Borealis. However, strong...

Clariant sales on the rise despite failed merger

Despite the backdrop of its recent failed merger with Huntsman, Clariant has posted a 10 per cent rise in sales for the first nine months of...

Strong third quarter for Mondelēz despite setbacks

Momentum in emerging markets and strong power brands have driven Mondelēz International’s third quarter organic sales up by 2.8 per cent and revenue by 2.1 per...

Chemicals segment boosts BASF sales in third quarter

The BASF Group’s sales of €15.3 billion ($17.9bn) for the third quarter were a 9 per cent increase on the previous quarter, which the...

Nestlé accelerates restructuring as sales stall

Swiss firm Nestlé is to accelerate its restructuring programme after reporting a drop in sales for the first nine months of 2017. Citing reduced...

Petrochemicals market bracing itself after Hurricane Harvey

The loss in demand and storage limitations resulting from Hurricane Harvey will affect NGL and petrochemicals prices, according to research and consultancy group Wood...

Reifenhäuser reports strong financial year

The Reifenhäuser Group has reported strong results for the financial year and is said to have discovered ‘excellent perspectives’ on the highly competitive global...

Kiefel expecting record year

Plastics machinery manufacturer Kiefel is set for a record year of turnover with its daughter companies Bosch Sprang in the Netherlands, Mould & Matic Solutions in Austria...

Slight increase in sales at Milacron

Positive performance in its MDCS and Fluids businesses has created an upsurge in orders for Milacron in the second quarter and a marginal increase...