Inapa Investimentos Participacoes e Gestao SA : Reported on Friday Q2 sales at 211.0 million euros ($236.7 million), down 3.1 percent from 217.8 million euros year on year . Q2 recurring EBITDA down 3.2 percent at 4.8 million euros versus 4.9 million euros year ago . Q2 net loss narrows to 0.1 million euros versus loss of 0.6 million euros year ago .Says slight increase in market share did not prevent a decrease in sales and narrowing of margins in a falling market.
Changgang Dunxin Enterprise: Memorandum Of Understanding In Relation To The Possible Acquisition <2229.HK> . Company entered into a memorandum of understanding ( ``mou'') in respect of a possible acquisition .Mou in respect of a possible acquisition by its wholly-owned subsidiary of 51% of shareholding of cayman company.
ENCE Energia y Celulosa SA : Said on Tuesday H1 net profit 11.4 million euros ($12.69 million) versus 22.1 million euros year ago, affected by lower average selling price in pulp and electricity generated in its biomass plants . H1 revenue 289.2 million euros versus 313.2 million euros year ago . H1 adjusted EBITDA 63.1 million euros versus 85.4 million euros year ago .Expects to obtain additional capital gain of 14 million euros with the divestiture of assets of 34.9 million euros estimated for the period.
Xiamen Anne Corporation Limited<002235.SZ>:Says it names Zhang Jie as chairman and general manager.
Suominen Oyj : Revises its outlook, sees net sales and comparable operating profit for 2016 expected not to reach the level of 2015 . Earlier estimated FY 2016 net sales and comparable operating profit to improve from year 2015 . "We expect sales volumes in tons in full year 2016 to remain at healthy level of 2015" .Estimates sales prices to fall short of those of 2015.
Zhejiang Dilong New Material Co Ltd <002247.SZ> :Says its name has been changed to Zhejiang Dilong Culture Development Co Ltd, effective on Sept. 19.
Mercer International Inc ::.
Stora Enso Oyj : says plans consolidation of corrugated packaging production in Finland . According to the plan, the Heinola Corrugated plant would be closed permanently and packaging manufacturing transferred to the Lahti plant . says would invest approximately 19 million euros in new machinery and supporting infrastructure in Lahti . Says possible personnel reduction within plants in Lahti and Heinola combined is about 60 persons . says corrugated packaging production at the Kristiinankaupunki plant will be continued, Heinola Fluting mill for containerboard will not be affected . the plan will have a negative impact of approximately EUR 9 million which will be recorded as an item affecting comparability in Stora Enso's third quarter results Further company coverage: [STERV.HE] (Helsinki Newsroom) ((email@example.com; +358 9 6805 0244)).
Kuangchi Science Ltd <0439.HK>: Company entered into an investment agreement with Agent Video Intelligence . Co to invest an aggregate sum of US$4.3 million in Agent Vi .
Yueyang Forest & Paper Co Ltd <600963.SS> : Says the company's general manager, Jiang Liya resigns from the position .Says it appoints Liu Yulu as general manager.