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Aluminium giant Rusal posts ghastly 2011 results, with its net profit down almost 92% year on year to $237mln. The Norilsk Nickel buy back ate into the company's bottom line, according to Rusal. Ilya Naymushin) The world's largest aluminum producer
New Zealand's biggest power user, the aluminium smelter at Bluff, has cut production by 15 per cent as world aluminium prices slump and the company faces pressure from a high New Zealand dollar. International commodity prices across the board have
Early this year, the company tried to reduce its production costs by adding new machinery to cut down on waste by 50 per cent. The company is also looking into how it can reduce its workforce by 500 to 800 people in the next four years and replace it
Bhushan Steel, India's biggest maker of steel for the auto industry, has deferred plans to build a $3.8 billion plant and raise $1 billion through a share issue because of problems in acquiring land and weak financial markets, its finance director
They want to reduce supplies of cucumbers, tomatoes, bell peppers, aubergines and lettuce in order to keep prices up, Nos television reports. But this would break EU competition rules, which is why Brussels needs to approve the temporary reduction...
Japan's earthquake and tsunami disasters have cast a pall over the Shanghai auto show, where industry heavyweights are fretting over just how long resulting auto-supply disruptions will last. Output from Japanese manufacturers has been cut by more
President and CEO Carlos Ghosn, in blue jacket, inspects the company's earthquake- and tsunami-ravaged plant in Iwaki, in northeastern Japan. Automakers are experiencing parts shortages attributed to last month's massive quake and tsunami. General
Computer-Generated Films to Cut Production Costs Okuttah Mark 13 January 2011 Computer-generated television programmes and advertisements are set to cut production costs of local content by more than 100 per cent, increasing Kenya's creative industry'
The Wichita Eagle Although delivery rates of Bombardier Learjet business aircraft are low, the company doesn't expect to cut production at its Wichita plant, a Bombardier official said Wednesday. Bombardier has seven months of backlog for its Learjet
Spanish subsidiary of German auto giant Volkswagen, said Thursday it planned to cut production at its plant in northeastern Spain next year due to a downturn in demand. Up to 7,484 workers at the plant in Martorell will be affected by the cuts, a