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BASF reports rise in sales

Sales were up by 19 per cent in the first quarter 2017 for BASF, compared to the same period last year, at €16.9 billion ($18.4bn), with...
plastic, plastics, packaging

Challenging start to 2017 holds Nestlé sales back

A "particularly challenging" start to the year has been cited by Nestlé's chief executive Mark Schneider after the company posted a marginal increase of...

Erema posts record turnover

A five per cent increase in turnover has enabled the Erema Group to post record consolidated sales of €138 million ($146m) in the 2016/17 financial...

PLASTICS hires chief economist

The Plastics Industry Association (PLASTICS) is hiring Perc Pineda to serve as staff expert on Economics, Statistics and Industry Research in order to help...
flexibles, plastics, packaging

Flexibles converter surpasses $2bn in sales

Austria-headquartered Constantia Flexibles Group has surpassed annual sales of €2 billion ($2.1bn) for the first time in its history. The producer of flexible packaging products...

Net profit up at TKSC

Styrene monomer producer The Kuwait Styrene Company's (TKSC) posted an 11 per cent increase in net profit for the year ending 31 December, 2016...

Profits more than triple at Kraft Heinz

The Kraft Heinz Co, the fifth largest food and drinks manufacturer in the world, says it made significant gains in the final quarter of...
Latin America declines hit Coca-Cola sales in 2016

Latin America declines hit Coca-Cola sales in 2016

Strong gains in North America and Asia Pacific weren’t enough to offset a global sales decline at Coca-Cola in 2016. Although sales grew by 4...
Reckitt Benckiser bids for the infant formula market

Reckitt Benckiser bids for the infant formula market

Canned infant formula manufacturer Mead Johnson could become part of the Reckitt Benckiser Group if a US$16.7 billion bid by the British health and...

ExxonMobil posts earnings of $7.8bn

ExxonMobil Corporation has reported estimated 2016 earnings of $7.8 billion as the petrochemical giant completed five major upstream projects during the year in Australia,...

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