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BC Nonwovens to Add Spunlace Line

2020-03-20 13:25:00| Nonwovens Industry Breaking News

Andritz neXline to come onstream in late 2021

Broadcom reports Q1 in line with guidance, sees sharp demand uncertainty ahead

2020-03-13 09:37:00| Telecompaper Headlines

(Telecompaper) Broadcom said results for its fiscal first quarter to 2 February were in line with expectations, with steady growth from its networking storage and broadband businesses, CEO Hock Tan said. Nevertheless, even though the semiconductor market is doing better and that the covid-19 outbreak did not have a material impact on the company's figures in Q1, visibility is still lacking looking forward, with demand uncertainty getting more intense. As a result, Tan said the company is withdrawing its previous forecast for the year, and that it will not present any annual guidance until visibility returns to pre covid-19 levels.

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Evonik\'s Coatings Additives Line Introduces SPHERILEX

2020-03-12 15:14:00| Coatings World Breaking News

Tags: line introduces coatings additives

Telecom Italia preparing to set up fixed line network newco with KKR - CEO

2020-03-12 09:15:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) is preparing to set up a newco called 'FiberCop' for its fibre and copper last-mile network and sell 40 percent of it to private equity firm KKR, according to CEO Luigi Gubitosi. Speaking after the publication of TIM's full-year results, Gubitosi said the company expects to make decisive progress this year on plans to provide Italy with a nationwide ultra-fast broadband network and confirmed that separate discussions are underway with KKR and wholesale rival Open Fiber, leaving the door open to a "possible convergence" at the end of the process.

Tags: set line network fixed