Breaking News

Buckeye Reports October-December Results

February 2, 2005

Buckeye Technologies announced that it earned $2.9 million after tax in the quarter ended December 31, 2004. The company’s results include $7.4 million after tax in impairment costs relating to the previously announced closure of its facility in Glueckstadt, Germany and a $4.7 million after tax gain from the sale of its building and equipment in Cork, Ireland. Net sales for the quarter increased 12.7% to reach $180.6 million.

In the nonwovens segment, sales during the quarter increased from $51 million last year to $58 million, while income increased from $1.1 million to $3.4 million. For the six months ended December 31, sales rose from $104 million to $113 million. Income nearly doubled from $3.6 million to $7 million.
  • The Year That Was 2016

    The Year That Was 2016

    Karen McIntyre, Editor||December 1, 2016
    The year 2016 included investments, new product development and an entrepreneurial spirit in nonwovens that will surely impac

  • The Automotives Market

    The Automotives Market

    Tara Olivo, Associate Editor||December 1, 2016
    Nonwovens continue to replace other materials in cars and automotive components.

  • Hygiene Components Suppliers Respond to Change

    Hygiene Components Suppliers Respond to Change

    Karen McIntyre, Editor||December 1, 2016
    Growth and diversification in adult incontinence and new players in the baby diaper market force makers of adhesives, elastic