Methanex Reports Fourth Quarter Results and Stronger Earnings in 2011
Jason Chesko
Director, Investor Relations
Methanex Corporation
604 661 2600 or Toll Free: 1 800 661 8851
www.methanex.com
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Search Results “plant closures”
China Orders Plant Closures
In its latest bid to cut pollution and restructure the economy, the Chinese governmenthas ordered over 2,000 firms in high polluting and energy intensive industries to shut ‘outdated’ plants.
A total of 2,087 companies that produce steel, coal, cement, aluminum and glass have to “close their old and obsolete facilities” by the end of September.
Kraft Profits Grow
U.S. food giant Kraft has reported a first quarter profit, helped in part by its purchase of UK confectionery maker Cadbury.
Net profit was $937 million, up from $827 million in the same period a year earlier.
Rexam enjoys good day on FTSE 100
Shares in the world’s biggest drink can manufacturer, which produces cans for the likes of Coca-Cola and Pepsi, closed up 8.8p.
The rise came after Graham Chipchase, Rexam’s Chief Executive, reported encouraging sales and good progress on the company’s cost-cutting drive.
Bridgestone ends tyre manufacturing in Australia and NZ
Bridgestone said it is no longer viable to manufacture tyres in Australia and New Zealand and that the "decision has been explained to all employees and unions."
Thousands protest over plans to axe whisky jobs
The march and rally at Kay Park was organised by East Ayrshire Council, part of the alliance seeking to reverse the closure decision.
Ford Canada sales jump 25 percent in June
By John McCrank
GM and UAW reach deal with government on restructuring
By Kevin Krolicki and David Bailey
Unions set to fight Fiat/Opel deal
By Jo Winterbottom
GM takes $500 million in Canadian loans
The funding, part of an interim bridge loan announced in December, is to be used only for working capital while GM revamps ahead of a June 1 deadline imposed by Washington and Ottawa.
U.S. Steel to idle southern Ontario operations
The company will idle its steel finishing lines and coke ovens at its plant in Hamilton, Ontario.
VW sees weak 2009 outlook and Porsche profit falls
By Christiaan Hetzner and Helen Massy-Beresford
GKN to cut a further 560 jobs
The company, which issued two profit warnings late last year and shed 2,800 jobs in its fourth quarter worldwide, said the cuts would come across several sites and include plant closures in Walsall.
GM Europe unions seek spin-off of Opel, Saab
"The spin-off of Opel/Vauxhall ...
Renault clings to market share as sales drop
Sales of Renault brand vehicles fell 5.4 percent while Dacia brand sales rose 11.7 percent.
Alcoa to slash jobs and sell 4 units
By Steve James
Alcoa says to cut 13,500 jobs
By Steve James
Ford December U.S. sales down 32.4 percent
By Kevin Krolicki and David Bailey
American Axle cuts labor costs by 50 percent
Normal production schedules resumed this week at the company's plants in Michigan and the Buffalo area after work was suspended on February 26, 2008 when a strike began.
