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British Polythene Industries First Half Hit By Polymer Costs

Tue, 29th Jun 2010 07:35

LONDON (Dow Jones)--Polythene products company British Polythene Industries PLC (BPI.LN) Tuesday said first-half earnings will be lower than a year earlier due to a rise in raw material costs and weak demand for its silage products. The company said trading continues to be challenging. It said polymer prices--a key raw material cost--are "stubbornly high" in western Europe. British Polythene Industries said it will report results for the six months to June 30 on August 31. -By Jason Douglas, Dow Jones Newswires; 44-20-7842-9272; jason.douglas@dowjones.com (END) Dow Jones Newswires June 29, 2010 02:35 ET (06:35 GMT)
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14 May 2009 12:40

Sector movers: General industrials advance

Heavy plastics maker British Polythene leads the general industrials sector higher after saying it anticipates that results for the first six months will be ahead of the same period last year. In the same sector, Cookson is higher even though the ceramics group saw revenues plunge by a third in the

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14 May 2009 12:06

British Polythene sees better results

Heavy plastics maker British Polythene anticipates that results for the first six months will be ahead of the same period last year. "This outcome is despite reduced demand and a difficult credit environment and has benefited from actions taken to align capacity with demand," said the group. Inp

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