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Damrak Gin Targets U.S. Expansion in New O-I Container

2014-07-31 06:00:00| Industrial Newsroom - All News for Today

Schiedam – Owens-Illinois, Inc. (NYSE: OI), the world's largest glass container manufacturer  recently completed a line extension for Lucas Bols, the world's oldest distilled spirit brand. O-I Netherlands has been sole supplier of the 75cl bottle for Lucas Bols' Damrak Dutch Gin for many years. The line extension introduces 70cl and 1-litre sizes for foreign markets including the U.S. and Europe. The objective is to develop sales in the U.S., where sales of premium gins are on the rise, ...This story is related to the following:Glass Bottles |

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Leading Chinese LED Manufacturer Chooses Veeco MOCVD Systems for Expansion into GaN LED Market

2014-07-31 02:10:57| Semiconductors - Topix.net

During the second quarter of 2014, Changelight ordered multiple TurboDiscA MaxBrightA Ma GaN Metal Organic Chemical Vapor Deposition Systems.

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Gary airport board approves $35m funding for runway expansion

2014-07-30 01:00:00| Airport Technology

The Gary/Chicago International Airport in the US will close the funding gap in its runway expansion project, as its board has approved a plan to borrow up to $35m.

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Bechtel Canada to support expansion of FortisBCs LNG expansion project

2014-07-30 01:00:00| Hydrocarbons Technology

Bechtel Canada has been named as the contractor for the $400m expansion of FortisBC Energys liquefied natural gas (LNG) facility in Delta, British Columbia (BC).

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Bharti Airtel quarterly revenues up 13% on 3G expansion

2014-07-29 15:04:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel reported revenues for its fiscal first quarter up 13.3 percent year-on-year to INR 229.6 billion. The growth was driven by a 74 percent increase in mobile data revenues to INR 22.0 billion, as well as a 9.1 percent rise in the number of customers to hit the 300 million mark. EBITDA for the three months to June rose 18.0 percent from a year earlier to INR 77.2 billion, giving a margin of 33.6 percent, up from 32.3 a year ago. A drop in financing costs helped net profit jump 61 percent to INR 11.1 billion. Airtel increased capital expenditure 74 percent to INR 39.9 billion, driven by the 3G roll-out in India. As a result, operating cash flow fell 12 percent to INR 37.3 billion. Airtel reported mobile revenues in its home market India up 10 percent to INR 127.5 billion, while EBITDA rose 25 percent to INR 47.1 billion. The number of customers in India rose 10 percent year-on-year and 2 percent from March to 209.41 million at the end of June. In Africa, the operator grew revenues 17 percent to INR 69.7 billion, and EBITDA rose 7 percent to INR 17.0 billion. The number of customers fell by 357,000 compared to March to 69.09 million, mainly due to a temporary sales ban in Nigeria.

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