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Nuplex Confirms Earnings, Says Rights Issue Will Be Enough

Nuplex Confirms Earnings, Says Rights Issue Will Be Enough
Wellington, March 23 NZPA - Resin manufacturer Nuplex has confirmed its earnings guidance of $43 million for the second half of 2009 and says a rights issue will be enough to reduce its debt to a manageable level.

NZ Sharemarket Loses Gains

NZ Sharemarket Loses Gains
Wellington, March 20 NZPA - The New Zealand sharemarket slipped back today with the benchmark NZSX-50 index down 34.183 points to 2599.026, wiping out its 26.9-point rise yesterday.

Nuplex Changes Capital Raising Plans

Nuplex Changes Capital Raising Plans
Wellington, March 20 NZPA - Shares in Nuplex Industries dropped sharply when the company came out of a four-day trading halt and said it had dropped plans for a placement of shares.

Nuplex Considering Changed Capital Raising Plan

Nuplex Considering Changed Capital Raising Plan
Wellington, March 20 NZPA - Nuplex Industries has dropped plans for a placement of shares as part of a planned capital raising.

NZ Sharemarket Down Early In Wake Of Tumbling US Stocks

NZ Sharemarket Down Early In Wake Of Tumbling US Stocks
Wellington, March 20 NZPA - The New Zealand sharemarket fell early, following stocks in the United States which tumbled on concerns that the Federal Reserve's latest efforts to stem the US recession are too costly and untested.

Nuplex Forced To Scrap Institutional Share Placement: Report

Nuplex Forced To Scrap Institutional Share Placement: Report
Wellington, March 20 NZPA - An announcement is awaited on the progress of Nuplex Industries' capital raising, after a planned new share placement reportedly failed to get enough support.

Nuplex Outlook Mixed

Nuplex Outlook Mixed
Wellington, Oct 31 NZPA - Resin and chemical maker Nuplex Industries said its first quarter earnings are tracking close to last year and it anticipated a first half performance a little below last year.

Fire At Nuplex Plant In Vietnam

Fire At Nuplex Plant In Vietnam
Wellington, Oct 20 NZPA - Resin and chemical maker Nuplex Industries Ltd said a fire on Friday at a plant in Vietnam caused about $US2 ($NZ3.31) million of damage. The company said it is fully insured. The plant in Bien Hoa in Dong Nai province was evacuated and no staff were injured.