Continuing operations October-December 2014 compared with October-December 2013 * Net sales EUR 247.0 million (EUR 243.4 million). * Operating profit / loss excluding non-recurring items EUR -1.8 million (EUR -2.5 million).
The plunge in crude oil prices is taking its toll across Japan’s industrial base. Forecasts from Nippon Steel & Sumitomo Metal Corp., Japan Marine United Corp. and Komatsu Ltd. show the extent to which lower crude prices are eroding the outlooks for companies involved in different businesses.
Tembec announces that the recently installed turbine at the Temiscaming site has successfully met the commercial-in-service test set forth in the power purchase agreement (“PPA”) it entered into with Hydro-Québec. The turbine operated for 100 continuous hours above the required level specified in the PPA.
Flutes, the wavy arches between liners, put the corrugated in corrugated board, so much so that corrugated board is specified by flute. Borrowing from the GEICO commercials, "Everybody knows that," but as those commercials teach, there's always something else to be learned. Familiarity doesn't always breed contempt; sometimes it breeds complacency. It's not unusual for a corrugated box's specification to go unchanged for years on end. Implicit is the assumption that circumstances also have gone unchanged—a fallacy in thinking.
The UPS Store, in collaboration with PrintSites, has launched an online printing platform nationwide, offering customers an expanded range of innovative printing solutions that combines with the convenience of The UPS Store's more than 4,400 retail locations.
As it continues to battle UPS, FedEx and DHL for a larger slice of the ecommerce shipping pie, the U.S. Postal Service has put in a rate schedule request with the Postal Regulatory Commission that would keep its competitive Priority Mail rates unchanged for domestic delivery while raising the price of Parcel Select – the primary last-mile option of the major carriers – by an average of 8%.
Crude oil gained for the first time in four days as the dollar weakened and OPEC warned that prices may surge without new investment in production.
Sustainable Manufacturing Day is a day-long advocacy event in which industry representatives share with lawmakers details of the industry’s positive economic impact on Maryland and their commitment to sustainable manufacturing leadership under AF&PA’s Better Practices, Better Planet 2020 initiative. Joining AF&PA for an interactive luncheon are other associated industry partners, including the United Steelworkers and the Printing & Graphics Association of the MidAtlanic.
Eleventh-hour negotiations have succeeded in keeping about 350 to 400 Resolute Forest Product forestry workers in Thunder Bay and Ignace on the job.
International Paper (NYSE: IP) today reported full-year 2014 net earnings attributable to common shareholders totaling $555 million ($1.29 per share) compared with $1.4 billion ($3.11 per share) in full-year 2013.In the fourth quarter 2014, the Company reported net earnings of $134 million ($0.32 per share) compared with $436 million ($0.98 per share) in the fourth quarter of 2013. Fourth quarter 2014 earnings included a $0.40 per share non-cash foreign exchange charge as described below. Amounts in all periods include the impact of special items, non-operating pension expense and discontinued operations.