Industry News

Alfa Laval AB on Monday reported net income of SEK931m, or EPS of SEK2.21, for the second quarter of 2016, from 1 April 2016 to 31 March 2016.. This was in comparison with net income of SEK1, 075 m, or EPS of SEK2.54, in Q2 of 2015.. Net sales for the quarter decreased by 9% to SEK8, 950 m, as compared with SEK10, 177 m in Q2 2015.."/>
Alfa Laval post net income of SEK931m in Q2 2016
Alfa Laval AB on Monday reported net income of SEK931m, or EPS of SEK2.21, for the second quarter of 2016, from 1 April 2016 to 31 March 2016.. This was in comparison with net income of SEK1, 075 m, or EPS of SEK2.54, in Q2 of 2015.. Net sales for the quarter decreased by 9% to SEK8, 950 m, as compared with SEK10, 177 m in Q2 2015.."/>
Alfa Laval post net income of SEK931m in Q2 2016
Electrovaya today announced that it has entered into a definitive loan agreement with a top three Canadian Chartered Bank for a US $10 million credit facility. This facility will support Electrovaya's growing business and working capital needs for its recently announced customer agreements. The facility, which is subject to certain terms and conditions, is expected to close once security arrangements have been put in place."/>
Electrovaya Signs Working Capital Facility Loan Agreement With One of Canada's Largest Banks
PM praises ailing THAI over awards [Bangkok Post, Thailand]
Sempra Energy's Cameron LNG facility near the Gulf Coast of Louisiana on Monday. Cameron LNG's export capacity will increase by an additional 1.41 billion cubic feet of natural gas per day to countries that do not have a free-trade agreement with the United States."/>
Feds OK Sempra LNG expansion [The San Diego Union-Tribune]
Xerium Technologies Inc stated on Tuesday that it intends to offer USD475m total amount of senior secured notes due 2021, subject to market and other conditions. Net proceeds will be used by the company to repay all outstanding amounts under the its existing term loan credit facility, to redeem all of its 8.875% senior notes due 2018 and to pay premiums, fees and expenses in connection therewith. A provider of industrial consumable products and services globally under..."/>
Xerium Technologies proposes offering of USD475m senior notes due 2021
Inwido posts EPS of SEK2.46 in Q2 2016
Inwido posts EPS of SEK2.46 in Q2 2016
Bufab Group: Interim report January - June 2016
Chicago Tribune Phil Rosenthal column [Chicago Tribune]
Jaiprakash Power Ventures Ltd approved the sale of its Bina Thermal Power Plant to JSW Energy Ltd on Monday, the company said in a statement to BSE. The sale to JSW Energy is to be executed through sale of shareholding in a special purpose acquisition entity called Bina Power Supply Ltd. The Jaiprakash Power board agreed on Monday to transfer the Bina Thermal power plant along with all of its assets, liabilities, contracts and deeds to BPSL."/>
Jaiprakash Power approves sale of Bina power plant to JSW Energy [Mint, New Delhi]
Tata Motors Ltd is the highest paid among all non-promoter CEOs at automakers listed on the stock exchanges in India. Tata Motors appointed Butschek for the top job in mid-February after an extensive global search that lasted almost two years. Tata Motors has proposed an annual package of Rs.28-29 crore per year for Butschek, as per details on directors' remuneration..."/>
Tata Motors' Guenter Butschek highest paid non-promoter auto CEO [Mint, New Delhi]
Woodward Inc. to provide a new health clinic exclusively for Woodward's 3,600 employees. This is the first clinic SwedishAmerican has launched in partnership with a business, and CEO Bill Gorski hopes it won't be the last. Because of the high cost of healthcare, Gorski said the best way to provide for big companies like Woodward is for health systems like SwedishAmerican to partner with companies to ensure quality..."/>
SwedishAmerican partners with Woodward to provide new health clinic [Rockford Register Star, Ill.]
M and A Navigator: Deal pipeline –19 July
Xerium Technologies, Inc., a leading global provider of industrial consumable products and services, today announced its intention to offer, subject to market and other conditions, $475 million aggregate principal amount of senior secured notes due 2021.. Xerium intends to use the net proceeds from the offering to repay all amounts outstanding under its existing term loan credit facility, to redeem all of its 8.875% Senior Notes due 2018 and to pay premiums,..."/>
Xerium Technologies, Inc. Announces Proposed Senior Secured Notes Offering
Xerium Technologies, Inc. a leading global provider of industrial consumable products and services, today announced selected preliminary financial results for the quarter ended June 30, 2016.. Xerium’ s preliminary results for the 2016 second quarter include:. *See“ Non-GAAP Financial Measures” below.."/>
Xerium Announces Preliminary Second Quarter 2016 Results and Confirms Guidance for 2016

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