Pulp (paper)

Masco Corporation Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023

Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its second quarter results.

Key Points: 
  • Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its second quarter results.
  • “In the second quarter, our pricing actions and improved operational efficiency helped drive adjusted operating profit margin expansion of 140 basis points.
  • Masco has entered into an agreement to acquire Sauna360 Group Oy, a leading global manufacturer of sauna solutions.
  • Masco’s Board of Directors declared a quarterly dividend of $0.285 per share, payable on August 28, 2023 to shareholders of record on August 11, 2023.

EQS-News: Despite weaker economy and rising interest rates: ANDRITZ significantly increases revenue and earnings in the first half of 2023

Retrieved on: 
Thursday, July 27, 2023

Despite weaker economy and rising interest rates: ANDRITZ significantly increases revenue and earnings in the first half of 2023

Key Points: 
  • Despite weaker economy and rising interest rates: ANDRITZ significantly increases revenue and earnings in the first half of 2023
    The issuer is solely responsible for the content of this announcement.
  • GRAZ, JULY 27, 2023. International technology group ANDRITZ significantly increased revenue and earnings in the first half of 2023 compared to the first six months of the previous year despite the cooling global economy.
  • ANDRITZ also expects a significant increase in revenue and earnings for the full year 2023 compared to the previous year.
  • Despite the weakening economy and rising interest rates our project activity held up at a good level.

SEABOURN'S NEW EXPEDITION VESSEL SEABOURN PURSUIT OFFERS EXTRAORDINARY 'HOME AWAY FROM HOME' FEEL IN ULTRA-LUXURY SUITES

Retrieved on: 
Wednesday, July 12, 2023

Set to launch Summer 2023, Seabourn Pursuit will welcome travelers with 132 luxurious oceanfront veranda suites.

Key Points: 
  • Set to launch Summer 2023, Seabourn Pursuit will welcome travelers with 132 luxurious oceanfront veranda suites.
  • "Tihany Design's latest undertaking for Seabourn is among its most thoughtfully conceived and executed, creating an ultra-luxury atmosphere that pairs well with the expedition feel guests experience throughout Seabourn Pursuit," said Natalya Leahy, president of Seabourn.
  • Seabourn Pursuit's suite categories and specifications include:
    Veranda Suites – Veranda Suites are the most abundant accommodation on Seabourn Pursuit featuring luxuries for guests to make them their home away from home.
  • Veranda Spa Suites – Located on Deck 7, Seabourn Pursuit's two Veranda Spa Suites are the same size and have the same layouts and amenities as Veranda Suites.

The Kraft Heinz Company to Report Second Quarter 2023 Results on Aug. 2, 2023

Retrieved on: 
Monday, July 10, 2023

The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its second quarter 2023 financial results on Wednesday, Aug. 2, 2023.

Key Points: 
  • The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its second quarter 2023 financial results on Wednesday, Aug. 2, 2023.
  • A press release and supplemental materials, including a pre-recorded management discussion, will be issued before the market opens.
  • Kraft Heinz management will then host a live question-and-answer session with analysts beginning at 9:00 a.m. Eastern Daylight Time.
  • The earnings release, supplemental materials, and audio of Kraft Heinz’s question-and-answer session can be accessed at ir.kraftheinzcompany.com .

Paper Straw Market worth $11.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, July 5, 2023

The virgin paper segment, by material type, of the paper straw market, is projected to grow at a 2nd highest CAGR during the forecast period, in terms of both value and volume.

Key Points: 
  • The virgin paper segment, by material type, of the paper straw market, is projected to grow at a 2nd highest CAGR during the forecast period, in terms of both value and volume.
  • The non-printed segment, by product type, is estimated to lead the paper straw market in 2023, in terms of value and volume.
  • The Asia Pacific region is projected to lead the paper straw market during the forecast period, in terms of value and volume.
  • Expansions, contracts, new product developments, and acquisitions are some of the major strategies adopted by these key players to enhance their positions in the paper straw market.

Paper Straw Market worth $11.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, July 5, 2023

The virgin paper segment, by material type, of the paper straw market, is projected to grow at a 2nd highest CAGR during the forecast period, in terms of both value and volume.

Key Points: 
  • The virgin paper segment, by material type, of the paper straw market, is projected to grow at a 2nd highest CAGR during the forecast period, in terms of both value and volume.
  • The non-printed segment, by product type, is estimated to lead the paper straw market in 2023, in terms of value and volume.
  • The Asia Pacific region is projected to lead the paper straw market during the forecast period, in terms of value and volume.
  • Expansions, contracts, new product developments, and acquisitions are some of the major strategies adopted by these key players to enhance their positions in the paper straw market.

NIKE, Inc. Reports Fiscal 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Thursday, June 29, 2023

NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2023 fourth quarter and full year ended May 31, 2023.

Key Points: 
  • NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2023 fourth quarter and full year ended May 31, 2023.
  • In the fourth quarter, the Company returned approximately $1.9 billion to shareholders, including:
    Dividends of $524 million, up 9 percent from prior year.
  • In fiscal 2023, the Company returned approximately $7.5 billion to shareholders, including:
    Dividends of $2.0 billion, up 10 percent from prior year.
  • NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 29, 2023, to review fiscal fourth quarter and full year results.

Lenzing signs strategic partnership with NBond to accelerate the innovation of flushable nonwovens products globally

Retrieved on: 
Thursday, June 29, 2023

NBond, one of the earliest manufacturers to launch flushable feminine care products globally, is also the first to use VEOCEL™ branded lyocell shortcut fibers in flushable feminine care products.

Key Points: 
  • NBond, one of the earliest manufacturers to launch flushable feminine care products globally, is also the first to use VEOCEL™ branded lyocell shortcut fibers in flushable feminine care products.
  • The new strategic partnership with NBond represents a milestone for both companies as we continue pioneering sustainable development of the industry, and help addressing the growing demand for high quality sustainable and flushable nonwovens products in Asia and globally," said Steven Tsai, Senior Regional Commercial Director for Nonwovens Asia, Lenzing.
  • A globally recognized nonwovens value chain partner, NBond's flushable products have been introduced in the US, Europe, Asia-Pacific, and more.
  • "With NBond, we hope to expand the portfolio of flushable nonwovens products globally, not only around flushable wet wipes and sanitary products in the hygiene and surface cleaning segments, but also multipurpose dry flushable wipes in Asia," added Steven.

Kraft Singles Enters the Dessert Space with a Cheesy Apple Pie to Celebrate the Fourth of July

Retrieved on: 
Thursday, June 22, 2023

This Fourth of July, Kraft Singles, the go-to leader in American cheese, is partnering with Little Pie Company , known for its dedication to crafting exceptional handmade pies, to create the Kraft Singles Apple Pie.

Key Points: 
  • This Fourth of July, Kraft Singles, the go-to leader in American cheese, is partnering with Little Pie Company , known for its dedication to crafting exceptional handmade pies, to create the Kraft Singles Apple Pie.
  • View the full release here: https://www.businesswire.com/news/home/20230622497895/en/
    Kraft Singles Enters the Dessert Space with a Cheesy Apple Pie to Celebrate the Fourth of July (Photo: Business Wire)
    The pairing of cheese with apple pie has long been a tradition.
  • The Kraft Singles Apple Pie is a one-of-a-kind pie featuring hand-cut golden delicious apples mixed with cinnamon, nutmeg, light brown sugar and of course, melty Kraft Singles baked within.
  • To learn more, follow @Kraft.Singles and @LittlePieCompany on Instagram and share your Kraft Singles Apple Pie this Fourth of July using #KraftSinglesApplePie.

Stora Enso plans restructuring actions to improve long-term competitiveness and profitability

Retrieved on: 
Thursday, June 15, 2023

HELSINKI, June 15, 2023 /PRNewswire/ -- Stora Enso is planning restructuring actions to strengthen the Group's long-term competitiveness, improve profitability and focus capital allocation in strategic growth markets.

Key Points: 
  • HELSINKI, June 15, 2023 /PRNewswire/ -- Stora Enso is planning restructuring actions to strengthen the Group's long-term competitiveness, improve profitability and focus capital allocation in strategic growth markets.
  • The planned restructuring actions would decrease Stora Enso's annual sales by approximately EUR 380 million, based on the 2022 figures.
  • Stora Enso plans to close down its Näpi sawmill in Estonia due to reduced long-term raw material availability, increased wood costs and low profitability.
  • Stora Enso plans to improve the competitiveness of its total wood products business by focusing on the sawmills with strategic growth opportunities.