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Coats Group swings to substantial H1 loss

2015-08-03 17:02:00| Daily apparel & textile news and comment - from just-style.com

Industrial thread and textile crafts business Coats Group Plc swung to a first-half loss of US$41.5m, hurt by currency headwinds and lower revenues at its crafts division.

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UPS Makes Substantial Move To Renewable Fuels

2015-07-29 15:59:57| Trucking - Topix.net

UPS today announced agreements for up to 46 million gallons of renewable fuels over the next three years, constituting a 15-fold increase over prior contracts and making UPS one of the largest users of renewable diesel in the world. The agreements with three leading suppliers of renewable fuels, secure access to an advanced renewable diesel fuel in order to meet the company's objectives for alternative fuel utilization.

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UPS Makes Substantial Move To Renewable Fuels

2015-07-29 14:54:36| Air Courier - Topix.net

UPS today announced agreements for up to 46 million gallons of renewable fuels over the next three years, constituting a 15-fold increase over prior contracts and making UPS one of the largest users of renewable diesel in the world. The agreements with three leading suppliers of renewable fuels, secure access to an advanced renewable diesel fuel in order to meet the company's objectives for alternative fuel utilization.

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A. Schulman: Substantial Risk Only One Month After Closing $800 Million Deal

2015-07-10 20:45:03| Chemicals - Topix.net

Disappointing Fiscal Q3 results and lower guidance are only the beginning; we expect more challenges ahead particularly related to Citadel acquisition and the highly-leveraged balance sheet. A. Schulman paid $800 million for Citadel Plastics and the transaction is expected to close in the current fiscal year; management expects $25 million in synergies from the deal.

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Esprit warns of "substantial" FY loss

2015-05-18 19:04:00| Daily apparel & textile news and comment - from just-style.com

Hong Kong-listed casual fashion brand Esprit has said it expects to record a "substantial" loss for the year ending 30 June, blaming one-off costs, weaker sales and a forecast operating loss.

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