Press release content from Business Wire. The AP news staff was not involved in its creation.
NOV Reports Fourth Quarter and Full Year 2020 Results
February 4, 2021 GMT
HOUSTON (BUSINESS WIRE) Feb 4, 2021
NOV Inc. (NYSE: NOV) today reported fourth quarter 2020 revenues of $1.33 billion, a decrease of four percent compared to the third quarter of 2020 and a decrease of 42 percent compared to the fourth quarter of 2019. Net loss for the fourth quarter of 2020 was $347 million, or -26.1 percent of sales, which included non-cash, pre-tax charges (“Other Items”, see Other Corporate Items for additional detail) of $236 million. Adjusted EBITDA (operating profit excluding depreciation, amortization, and Other Items) decreased $54 million sequentially to $17 million, or 1.3 percent of sales.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Brunswick Corporation expands boat production capacity to meet unprecedented global demand
Brunswick CorporationJanuary 25, 2021 GMT
METTAWA, Ill., Jan. 25, 2021 (GLOBE NEWSWIRE) Brunswick Corporation (NYSE: BC) today announced that it is increasing production capacity at three of its global boat manufacturing facilities to meet unprecedented consumer demand and assist in replenishing historically low field inventory levels.
Brunswick will reopen its 225,000 square-foot Palm Coast, Florida boat manufacturing facility to expand dedicated manufacturing capability for Boston Whaler products by an additional 40 percent. The Palm Coast facility, which has been inactive since 2018, was designed for the manufacture of large boats.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Klean Industries Engages with Pyrolysis Hellas SA to Complete a Detailed Feasibility Study to .
Klean IndustriesJanuary 19, 2021 GMT
VANCOUVER, British Columbia, Jan. 19, 2021 (GLOBE NEWSWIRE) Klean Industries Inc (“Klean”) is pleased to announce that it has been engaged to complete a Detailed Feasibility Study (“DFS”) to design and build a tire pyrolysis plant in Greece with Pyrolysis Hellas SA. For the past few years, the two companies have been working together to explore the possibilities of cooperation for the rollout of several facilities through the European Union. With the initial round of funding now completed, both parties are ready to engage upon the next stages of development, feedstock procurement and site design, as a suitable site has been secured and planning permission is underway.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Hurco Reports Fourth Quarter and Full Year Results for Fiscal 2020
Hurco Companies, Inc.January 8, 2021 GMT
INDIANAPOLIS, Jan. 08, 2021 (GLOBE NEWSWIRE) Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the fourth fiscal quarter and fiscal year ended October 31, 2020. Hurco recorded a net loss of $3,589,000, or $(0.54) per diluted share, for the fourth quarter of fiscal 2020, compared to net income of $2,098,000, or $0.31 per diluted share, for the corresponding period in fiscal 2019. For fiscal 2020, Hurco reported a net loss of $6,247,000, or $(0.93) per diluted share, compared to net income of $17,495,000, or $2.55 per diluted share, for fiscal 2019. The net loss for the fourth quarter and fiscal 2020 included a one-time, non-cash goodwill impairment charge of $4,903,000. Excluding the impact of this one-time charge, earnings per diluted share would have been $0.70 and
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Plastics Recycling Markets Report 2020: China and Some Other Countries have Quickly Recovered from the Pandemic - ResearchAndMarkets.com
January 7, 2021 GMT
The “Plastics Recycling: Global Markets” report has been added to ResearchAndMarkets.com’s offering.
The global market for plastic recycling should grow from $26.5 billion in 2020 to $34.4 billion by 2025, at a compound annual growth rate (CAGR) of 5.4% for the forecast period of 2020-2025.
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The global market for plastic recycling by non-durable goods source should grow from $21.5 billion in 2020 to $27.9 billion by 2025, at a CAGR of 5.4% for the forecast period of 2020-2025.