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Evonik Grows Catalyst Production

2016-03-02 18:33:00| Chemical Processing

Evonik expands its catalyst production facility and adds a new scale-up operation at Marl Chemical Park.

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Warren Buffett defends 3G, Clayton Homes as Berkshire profit grows

2016-02-27 18:05:06| Food - Topix.net

Warren Buffett on Saturday launched vigorous defenses of a private equity firm and a mobile home unit that critics say employ controversial business practices antithetical to Buffett's own at Berkshire Hathaway Inc ( In his widely-read annual letter to Berkshire shareholders, Buffett said he would do more deals with 3G Capital, a Brazilian firm with which Berkshire owns a majority of Kraft Heinz Co ( Buffett also devoted more than 1,200 words in his roughly 18,000-word letter to defending Berkshire's Clayton Homes unit, after articles in the Seattle Times accused the nation's largest mobile home builder of predatory lending and exploiting black and Latino borrowers.

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Proximus grows EBITDA 8.4% in Q4

2016-02-26 08:47:00| Telecompaper Headlines

(Telecompaper) Belgian operator Proximus reported fourth-quarter revenues of EUR 1.502 billion, down 0.3 percent on an underlying basis. The company's retail activities recorded sales up 0.5 percent to EUR 1.117 billion, while the wholesale arm BICS posted revenues down 2.7 percent to EUR 385 million. EBITDA was up 8.4 percent from 2014 to EUR 414 million, and Proximus spent EUR 303 million in the quarter on capital investment. The fixed network was upgraded in 2015 so 43 percent of homes could receive vectoring, and a third of all households had access to over 100 Mbps broadband. The LTE network reached 98.,8 percent outdoor coverage and 4G+ was available to 30 percent. For 2016, Proximus forecast further growth in revenues and EBITDA, offset by the difficult comparison at BICS, the impact of EU roaming regulation and increased competition. 

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Korea's auto market grows to world's 10th largest in 2015

2016-02-26 06:53:46| Auto Dealers - Topix.net

Korea's automobile market grew 10.3 percent in 2015 in the face of an economic slump, becoming the world's 10th largest in vehicle sales, data showed Friday. More than 1.83 million domestically made and imported cars were sold here last year, accounting for 2 percent of auto sales around the globe, according to the data compiled by the Korea Automobile Manufacturers' Association .

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Standards Alliance Support grows to include Trade Africa.

2016-02-25 14:31:08| Industrial Newsroom - All News for Today

Standards Alliance, ANSI's public-private partnership with U.S. Agency for International Development (USAID), has been expanded to allow ANSI to engage with 5 additional countries in sub-Saharan Africa: Cote d’Ivoire, Ghana, Mozambique, Senegal, and Zambia. Partnership expansion provides technical assistance to developing countries specifically related to implementation of the WTO Technical Barriers to Trade (TBT) Agreement. Expansion was made possible through Trade Africa initiative.

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