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Paptic secures investment to drive sustainable packaging growth 05 September 2023 a non-dilutive capital loan of €10 million from the Finnish Climate Fund. Paptic's ambitious vision includes achieving a revenue of EUR 100 million in 2026. The company's commitment to renewable and recyclable packaging materials that promote a circular... Type: Article Category: Europe & Central Asia Indian railways increase cement transportation 04 September 2023 growth reflect commitment to passenger safety (CW Group) In the first five months, the national railway system generated revenue of Rs1 lakh crore, encompassing the earnings from both passenger and freight segments. Freight transportation also witnessed... Type: Article Category: Equipment BUA Cement's growth and expansion plans 01 September 2023 Revenue increase and capacity expansion announced (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] During the BUA Cement FY2022 Annual General Meeting, Chairman Abdul Samad... Type: Article Category: Plant Expansions João Santos Group to reopen cement plant 01 September 2023 factory, located in Codó, Maranhão, later this year. This move is expected to inject over R$ 200 million in annual revenue and create 200 new jobs. The Itapicuru cement factory, previously mired in legal issues with R$ 7 million in labor-related debts,... Type: Article Category: Plant Expansions Mali's pursuit of cement self-sufficiency 31 August 2023 needs, producing 2.8 million tons out of a 4 million-ton requirement. These three cement plants generate 250 billion in revenue, provide 970 direct jobs, and support 315 indirect jobs. Additionally, they have plans to produce over 4 million tons of... Type: Article Category: Environment Pakistan Cement embraces Track-and-Trace System 21 August 2023 initiative, as reported by Pakistan Today News, gathers dispatch data and automatically submits it to the Federal Board of Revenue. Notably, the scheme employs licensed technology provided by Authentix, a US-based company. Copyright CW Group. All rights... Type: Article Category: Equipment Deepak Fertilisers and Petrochemicals to change its business from a commodity to speciality play 21 August 2023 growth from its plan to transform from a commodity to speciality play in each of the product segments, after an increase of revenue by 32 percent last year, as reported by Economic Times. According to Deepak Fertilisers CMD, Sailesh Mehta, the capacity... Type: Article Category: News Sainsbury’s moves Tu Clothing Baby range into cardboard hangers 16 August 2023 are investing in capacity expansion. Uflex, a global flexible and aseptic packaging conglomerate, reported increased revenue but a decline in net profit. Monocarton companies are building new plants and upgrading presses to remain competitive. The... Type: Article Category: Europe & Central Asia Indian flexible and carton packaging industry keeps growing 16 August 2023 are investing in capacity expansion. Uflex, a global flexible and aseptic packaging conglomerate, reported increased revenue but a decline in net profit. Monocarton companies are building new plants and upgrading presses to remain competitive. The... Type: Article Category: India IT Tech Packaging revenue drops in 2Q2023 16 August 2023 China's IT Tech Packaging reported a nearly 5.6 percent decrease in revenue to USD 30.02 million in the second quarter of 2023, compared to USD 31.79 million in the same period last year (CW Group) The decline is attributed to lower average selling... Type: Article Category: China Cement manufacturers grapple with financial losses in Vietnam 15 August 2023 cement producers reporting Q2 financials, only two showed profit growth. For instance, Vicem Ha Tien Cement's consolidated revenue dropped 16 percent, with a 57 percent decrease in post-tax profit. Bim Son Cement suffered its fourth consecutive... Type: Article Category: Financial Paper packaging continues to rise 14 August 2023 Canopy's Pack4Good initiative, launched in 2019, has gathered 389 brands representing around USD 200 billion in annual revenue to transform their packaging supply chains. The initiative promotes alternatives like recycled pulp, agricultural waste-based... Type: Article Category: Global Votorantim Cimentos results of Q2 2023 14 August 2023 increase compared to the R$ 366 million achieved during the same period last year. The company reported a total global net revenue of R$ 6.9 billion for the quarter, reflecting a 3 percent rise from 2Q22. This growth can be attributed primarily to the... Type: Article Category: Financial Taiwan paper industry embraces circular economy 11 August 2023 for the paper industry. Ho expressed confidence that the industry's carbon offset value will eventually match its sales revenue, underlining its crucial role in achieving net-zero emissions goals. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Asia Suzano (SUZB3) confirms contact with Vinda 10 August 2023 to paid subscribers.","link":"1"}] Suzano, the world's largest producer of eucalyptus pulp, has been diversifying its revenue sources by exploring new markets. While it has acknowledged the contact with Vinda International, it stated that no binding... Type: Article Category: South America Ramco Cements' Q1FY24 affected by fuel costs and cement prices 10 August 2023 Ramco Cements posts 26 percent growth in Q1FY24 net revenue, with capacity utilization of 79 percent, reaching Rs 2,249 Crores compared to Rs 1,779 Crores in Q1FY23 (CW Group) Despite a brief reduction in fuel prices during Q1FY24, the power and fuel... Type: Article Category: Financial UltraTech Cement commissioned brownfield unit in Gujarat 10 August 2023 reached 132.45 million tons per year. In the previous quarter ending June 2023, UltraTech Cement reported robust growth in revenue and profit, surpassing analyst expectations. The net profit for the quarter was Rs 1,690 crore, a 7 percent increase... Type: Article Category: Plant Expansions VICEM Hoang Mai Cement production declined 10 August 2023 billion, down 42 percent compared to the same period last year. The cost of goods sold decreased by 40 percent compared to revenue, resulting in a gross profit drop of 48 percent. The decline in profit can be attributed to global economic difficulties,... Type: Article Category: Volume & Pricing Titan Group’s net income rose in H1 2023 10 August 2023 available to paid subscribers.","link":"1"}] Increased domestic demand and strategic pricing contributed to the positive revenue trend. In the first six months of 2023, sales in the US grew by 24.5 percent to EUR 735.5 million. Greece and Western Europe... Type: Article Category: Financial Dalmia Cement reported a decline in Q1 profit 09 August 2023 crore, representing a 29.8 percent decrease compared to the quarter of the previous year (CW Group) The company recorded revenue from operations at Rs 3,624 crore, a 9.8 percent increase from Q1FY23's Rs 3,302 crore Dalmia Bharat witnessed a 12.4... 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