Edition:
India
Page 1

Saudi Paper Manufacturing Receives Approval For 52 Mln Riyals Grant

10:18am IST

Nov 17 (Reuters) - SAUDI PAPER MANUFACTURING COMPANY <2300.SE>::RECEIVES MINISTRY OF FINANCE APPROVAL FOR 52 MILLION RIYALS GRANT TO CO.GRANT IS PART OF PRIVATE SECTOR STIMULUS PLAN.

Shandong Chenming Paper's 9-Mth Net Profit Down 57.0% Y/Y

Friday, 25 Oct 2019

Oct 25 (Reuters) - Shandong Chenming Paper <000488.SZ>1812.HK::SAYS 9-MONTH NET PROFIT DOWN 57.0% Y/Y AT 1.1 BILLION YUAN ($155.68 million).

Domtar Corporation Reports Preliminary Third Quarter 2019 Financial Results

Friday, 25 Oct 2019

Oct 25 (Reuters) - Domtar Corp ::DOMTAR CORPORATION REPORTS PRELIMINARY THIRD QUARTER 2019 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.32.Q3 SALES $1.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.29 BILLION.Q3 EARNINGS PER SHARE $0.89 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.RESULTS IN PAPER IMPROVED WITH LOWER MAINTENANCE AND RAW MATERIAL COSTS OFFSETTING MARKET RELATED DOWNTIME COSTS.DOMTAR - IN PULP, DOWNWARD PRICE ADJUSTMENTS CONTINUED IN BUT WE ARE SEEING INCREASING SIGNS OF IMPROVEMENT IN SUPPLY & DEMAND FUNDAMENTALS.FOR Q4, MAINTENANCE IS EXPECTED TO BE HIGHER WHILE PAPER IS EXPECTED TO BE NEGATIVELY IMPACTED IN PART BY A SEASONALLY UNFAVORABLE MIX.ANTICIPATE SOME VOLATILITY IN SOFTWOOD AND FLUFF PULP MARKETS IN Q4.DOMTAR - DECREASE IN Q3 OPERATING INCOME WAS DUE TO LOWER SELLING PRICES IN PULP, MARKET-RELATED DOWNTIME COSTS, ESPANOLA OUTAGE.

Clearwater Paper Reports Q3 Adj Loss Per Share Of $0.50

Friday, 25 Oct 2019

Oct 24 (Reuters) - Clearwater Paper Corp ::CLEARWATER PAPER REPORTS THIRD QUARTER 2019 RESULTS.Q3 SALES $445.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $436.1 MILLION.Q3 ADJUSTED NON-GAAP LOSS PER SHARE $0.50 EXCLUDING ITEMS.Q3 GAAP LOSS PER SHARE $0.66.Q3 EARNINGS PER SHARE ESTIMATE $-0.32 -- REFINITIV IBES DATA.

Saudi Paper Manufacturing Q3 Loss Narrows

Wednesday, 9 Oct 2019

Oct 9 (Reuters) - SAUDI PAPER MANUFACTURING COMPANY <2300.SE>::Q3 NET LOSS AFTER ZAKAT AND TAX 24.2 MILLION RIYALS VERSUS LOSS OF 37.3 MILLION RIYALS YEAR AGO.Q3 SALES 121.8 MILLION RIYALS VERSUS 114.3 MILLION RIYALS YEAR AGO.Q3 SAW IMPROVEMENT IN GROSS PROFIT BY 110.5%, IMPROVEMENT IN PROFIT MARGIN AND DECREASE IN ADMINISTRATIVE EXPENSES.

Shandong Chenming Paper Sees Q3, 9-Month Net Profit Down Y/Y

Tuesday, 8 Oct 2019

Oct 8 (Reuters) - Shandong Chenming Paper Holdings Ltd <000488.SZ>1812.HK::SAYS IT SEES 9-MONTH NET PROFIT DOWN 56-60% Y/Y FROM 2.5 BILLION YUAN ($350.21 million) YEAR EARLIER.SAYS IT SEES Q3 NET PROFIT DOWN 14-28% Y/Y FROM 696.5 MILLION YUAN YEAR EARLIER.

Neodecortech Prelim. Consolidated Revenue At Sept 30 EUR 101.6 Mln, Up 3.3% YoY

Thursday, 3 Oct 2019

Oct 3 (Reuters) - Neodecortech SpA ::PRELIMINARY CONSOLIDATED REVENUE AT SEPT 30 EUR 101.6 MILLION UP 3.3% YOY.

Domtar Corp Announced It Will Permanently Shut Down Two Of Its Paper Machines

Thursday, 3 Oct 2019

Oct 3 (Reuters) - Domtar Corp ::DOMTAR CORP - ANNOUNCED IT WILL PERMANENTLY SHUT DOWN TWO OF ITS PAPER MACHINES.DOMTAR CORP - CLOSURE WILL RESULT IN AGGREGATE PRE-TAX CHARGE TO EARNINGS OF ABOUT $39 MILLION.DOMTAR CORP - OF ESTIMATED TOTAL PRE-TAX CHARGE, $37 MILLION IS EXPECTED TO BE RECOGNIZED IN Q3 OF 2019.DOMTAR CORP - OF ESTIMATED TOTAL PRE-TAX CHARGE, $2 MILLION IS EXPECTED TO BE INCURRED IN Q4 OF 2019.

Domtar To Reduce Papermaking Capacity At Two Mills

Thursday, 3 Oct 2019

Oct 3 (Reuters) - Domtar Corp ::DOMTAR TO REDUCE PAPERMAKING CAPACITY AT TWO MILLS.DOMTAR CORP - WILL PERMANENTLY SHUT DOWN TWO OF ITS PAPER MACHINES..DOMTAR CORP - CLOSURES WILL TAKE PLACE AT ASHDOWN, ARKANSAS PULP AND PAPER MILL, AND PORT HURON, MICHIGAN PAPER MILL.DOMTAR CORP - MEASURES WILL REDUCE COMPANY'S ANNUAL UNCOATED FREESHEET PAPER CAPACITY BY APPROXIMATELY 204,000 SHORT TONS.DOMTAR CORP - MEASURES WILL RESULT IN A WORKFORCE REDUCTION OF APPROXIMATELY 100 EMPLOYEES.DOMTAR CORP - CLOSURE OF ASHDOWN PAPER MACHINE WILL BE EFFECTIVE IMMEDIATELY.DOMTAR CORP - CLOSURE OF PORT HURON MACHINE BY MID-NOVEMBER.DOMTAR - BELIEVE ACTIONS ARE NECESSARY IN LIGHT OF DECLINING MARKET FOR UNCOATED FREESHEET PAPER.DOMTAR CORP - ASHDOWN MILL WILL CONTINUE TO OPERATE ONE PAPER MACHINE WITH AN ANNUAL UNCOATED FREESHEET PAPER PRODUCTION CAPACITY OF 200,000 SHORT TONS.DOMTAR CORP - ASHDOWN MILL WILL PRODUCE AN INCREMENTAL 70,000 ADMT OF SOFTWOOD AND FLUFF PULP, WHICH WILL RAMP UP OVER NEXT 12 MONTHS.

Markets

  • Sectors
  • Asia
  • U.S.
  • Europe

Sector Summary