Comex

Tent México, A Coalition of 46 Companies, Launches With Shared Commitment to Connect Refugees and Migrants to Jobs in Mexico

Retrieved on: 
Wednesday, February 7, 2024

Tent México is Tent's first national coalition to launch in Latin America, adding to existing coalitions in Canada, France, Spain and the United States.

Key Points: 
  • Tent México is Tent's first national coalition to launch in Latin America, adding to existing coalitions in Canada, France, Spain and the United States.
  • * Only 7% of respondents in Mexico reported being less likely to buy from companies hiring refugees.
  • Tent México will provide a range of free services to companies that will support their efforts to connect refugees and migrants, of all backgrounds, to work.
  • We look forward to building upon this success and deepening our work with Tent to welcome even more refugees and migrants into the FEMSA workforce."

Q4 & Full Year 2023 Production Results and Operating Highlights

Retrieved on: 
Monday, January 29, 2024

Q4-2023 gold production of 7,891 ounces; FY2023 gold production of 33,153 ounces, a 4.2% improvement to FY2022.

Key Points: 
  • Q4-2023 gold production of 7,891 ounces; FY2023 gold production of 33,153 ounces, a 4.2% improvement to FY2022.
  • Coringa contributed 2,694 ounces of gold production in Q4 at mined grades of 6.33 g/t gold.
  • Appointed Andrew Khov, CPA, CA, CFA as its new Vice President, Investor Relations & Business Development, based in Toronto, Ontario, Canada.
  • “A satisfactory fourth quarter means gold production for the year has been 33,153 ounces which is a 4.2% improvement to 2022.

Coringa Ore Sorter Acquired

Retrieved on: 
Thursday, October 19, 2023

The Company is anticipating that the ore sorter could be operational early in the third quarter of 2024.

Key Points: 
  • The Company is anticipating that the ore sorter could be operational early in the third quarter of 2024.
  • “I have talked to the opportunity for Coringa to double Group production and the ore sorter is an important part in realising this objective.
  • The purchase of the ore sorter is a further commitment by Serabi to invest in the Tapajos region of Brazil and when fully operational we expect Coringa to be a significant employer for the region.
  • If things fall into place as we anticipate, the ore sorter could be operational early in the third quarter of 2024, allowing us to improve the grade of the ore being transported to the Palito Complex for processing and boosting gold production from Coringa in the second half of the year.

PPG recognized by Forbes among top employers in Mexico

Retrieved on: 
Monday, October 31, 2022

PPG (NYSE:PPG) today announced its inclusion in Forbes inaugural Mexicos Best Employers list .

Key Points: 
  • PPG (NYSE:PPG) today announced its inclusion in Forbes inaugural Mexicos Best Employers list .
  • This list recognizes companies based on independent surveys of roughly 10,000 employees working part-time or full-time in Mexico and based on their willingness to recommend their own employers to friends and family.
  • Employee evaluations also included other employers in their respective industries that stood out, either positively or negatively.
  • We protect and beautify the world and the PPG Logo are registered trademarks of PPG Industries Ohio, Inc.
    Comex, Meridian, Pro 1000, Top and Vinimex are trademarks of Consorcio Comex, S.A. de C.V.

Encore Wire Reports Third Quarter Results; Highlights Continued Share Repurchases During 2022

Retrieved on: 
Tuesday, October 25, 2022

Gross profit percentage for the third quarter of 2022 was 39.3% compared to 37.8% in the third quarter of 2021.

Key Points: 
  • Gross profit percentage for the third quarter of 2022 was 39.3% compared to 37.8% in the third quarter of 2021.
  • Net income for the third quarter of 2022 was $191.8 million versus $175.5 million in the third quarter of 2021.
  • Fully diluted earnings per common share were $9.97 in the third quarter of 2022 versus $8.51 in the third quarter of 2021.
  • Aluminum wire represented 17.4% and 14.7%, respectively, of our net sales in the quarter and nine months ended September 30, 2022.

PPG earns prestigious R&D 100 Awards for antimicrobial, antiviral paints

Retrieved on: 
Tuesday, August 30, 2022

PPG (NYSE:PPG) today announced that two of its industry-leading antimicrobial and antiviral products have been recognized with 2022 R&D 100 Awards in the Mechanical/Materials category COPPER ARMORTM antimicrobial paint by PPG with Corning Guardiant technology and COMEX VINIMEX TOTAL antiviral and antibacterial paint.

Key Points: 
  • PPG (NYSE:PPG) today announced that two of its industry-leading antimicrobial and antiviral products have been recognized with 2022 R&D 100 Awards in the Mechanical/Materials category COPPER ARMORTM antimicrobial paint by PPG with Corning Guardiant technology and COMEX VINIMEX TOTAL antiviral and antibacterial paint.
  • The R&D 100 Awards Committee and R&D World magazine honor the 100 most innovative technologies and services of the past year with the R&D 100 Awards.
  • PPG has earned 34 R&D 100 Awards through the years.
  • Since 1963, the R&D 100 Awards program has identified revolutionary technologies newly introduced to the market and celebrated the top technology products of the year.

Industrias Unidas, S.A. De C.V. Consolidated Results of Operations for Q2 2022

Retrieved on: 
Friday, August 26, 2022

Our consolidated net income for the first six months ended June 30, 2022, was Ps.1,530.5 million (US$76.0 million), compared to a net income of Ps.695.4 million in the same period of 2021.

Key Points: 
  • Our consolidated net income for the first six months ended June 30, 2022, was Ps.1,530.5 million (US$76.0 million), compared to a net income of Ps.695.4 million in the same period of 2021.
  • Our net revenues for the first six months of 2022 increased 21.6% to Ps.15,899.2 million (US$789.6 million) from Ps.13,077.1 million in the same period of 2021.
  • Our sales are primarily to customers engaged in the commercial, industrial, and residential construction, and their related maintenance and renovation activities.
  • In terms of volume, consolidated sales of copper products during the first six months ended June 30, 2022, slightly decreased (by 1.3%) as compared to the same period in 2021:
    For the first six months ended June 30,

Encore Wire Reports Second Quarter Results; Increased Gross Profit Margins; Highlights Share Repurchases During 2022

Retrieved on: 
Monday, July 25, 2022

Copper unit volume, measured in pounds of copper contained in the wire sold, increased 2.7% in the second quarter of 2022 versus the second quarter of 2021.

Key Points: 
  • Copper unit volume, measured in pounds of copper contained in the wire sold, increased 2.7% in the second quarter of 2022 versus the second quarter of 2021.
  • Gross profit percentage for the second quarter of 2022 was 38.3% compared to 37.3% in the second quarter of 2021.
  • Net income for the second quarter of 2022 was $210.5 million versus $183.1 million in the second quarter of 2021.
  • Fully diluted earnings per common share were $10.71 in the second quarter of 2022 versus $8.82 in the second quarter of 2021 and $7.96 in the first quarter of 2022.

PPG Commits to Setting Science-Based Targets to Reduce Greenhouse Gas Emissions, Unveils 2021 ESG Report

Retrieved on: 
Tuesday, May 24, 2022

PPG has an existing goal to reduce GHG emissions intensity by 15% by 2025 from a 2017 baseline, achieving a 9.7% reduction in 2021.

Key Points: 
  • PPG has an existing goal to reduce GHG emissions intensity by 15% by 2025 from a 2017 baseline, achieving a 9.7% reduction in 2021.
  • PPG also released its 2021 Environmental, Social and Governance (ESG) Report, which details advancements in its sustainable innovations, board governance of ESG, efforts to reach its 2025 sustainability goals and further actions to support customers sustainability goals.
  • In 2021, PPG reduced process waste, increased renewable energy use in its facilities and increased sales from sustainably advantaged products.
  • At the end of 2021, PPG increased non-frontline Black employees by 13%, Latino employees by 9% and Asian employees by 8%.

Greenwave Reports Record Revenues of $9.92 Million in Q1 2022

Retrieved on: 
Monday, May 16, 2022

Greenwave, through its subsidiary Empire, currently operates 11 metal recycling facilities in Virginia and North Carolina.

Key Points: 
  • Greenwave, through its subsidiary Empire, currently operates 11 metal recycling facilities in Virginia and North Carolina.
  • The Company generated positive cashflows from operating activities and eliminated $44 million in derivative liabilities, significantly improving its balance sheet and shareholders equity.
  • These systems are expected to come online in the summer of 2022 and double its processing capacity while increasing profit margins.
  • As our first quarter financials show, Greenwave is aggressively growing its revenues while responsibly managing our expenditures and cashflows, stated Danny Meeks, Chief Executive Officer of Greenwave.