Following a strategic review initiated at the end of last year, Canadian plastics pails producer IPL has entered into a merger agreement with Novacap, Fonds de solidarité FTQ and a number of their affiliates.
Canadian plastics pails producer IPL has announced a first quarter net loss of C$2m, compared to net earnings of C$0.6m a year ago, from consolidated sales worth C$36.9m, themselves down 34 per cent year-on-year from C$55.9m.
Canadian plastics pails producer IPL Packaging has posted 2009 net earnings of C$4.1m, compared to a 2008 net loss of C$2.4m, from consolidated sales totalling C$197.9m, themselves up 4.5 per cent on the previous year’s figure of C$189.4m.
Canadian plastics pails producer IPL has renewed loans totalling $18.2m, with the maturity date, initially scheduled for February 28 and March 1, 2010, now set for July 31, 2013.
Canada's IPL, a leading North American producer of plastics pails, has recorded second quarter 2009 consolidated sales worth C$46.3m, up 13.9 per cent on the C$40.6m achieved a year ago.
IPL, a Canadian manufacturer of plastics pails, has announced first quarter net earnings of C$630,000, up from C$129,000 a year ago, from consolidated sales of C$55.9m, themselves up 29.5 per cent year-on-year from C$43.2m.
Canada's IPL, a producer of plastics pails and other items, has announced a fourth quarter net loss of C$2.5m compared to net earnings of C$0.8m 12 months ago
Canada’s IPL, a producer of industrial plastics pails, retail packaging and material handling system among other things, has announced third quarter net earnings of C$825,000 ($776,000), down from the C$2.3m achieved 12 months ago,