MACON, Ga., Aug 2 (Bernama-GLOBE NEWSWIRE) -- CADAM SA announced today that it will increase prices for kaolin clay products for the global paper and packaging industry 6 to 8% effective October 1, 2016, or as contracts allow. “CADAM is committed to investing the necessary resources in technology, innovation and people for long-term sustainability in order to continue to serve its paper and packaging customers at a high level,” said Mark Gillespie, Vice President of Commercial. “CADAM’s goal is to create the greatest value for its paper customers through partnerships geared toward delivering cost effective solutions designed to reduce coating formulation cost and to optimize paper and printing performance.”
http://mrem.bernama.com/viewsm.php?idm=27255
Wednesday, August 3, 2016
Tuesday, August 2, 2016
A.M. BEST AFFIRMS RATINGS OF PROVIDENT INSURANCE CORPORATION LIMITED
SINGAPORE, Aug 1 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Provident Insurance Corporation Limited (PICL) (New Zealand). The outlook for each rating remains stable.
The rating affirmations reflect PICL’s adequate risk-adjusted capitalization, resulting from the company’s moderate underwriting leverage and conservative investments. In addition, actual claims experience during the company’s first three years of operation has been largely consistent with its initial projections.
CADAM ANNOUNCES PRICE INCREASE FOR PAPER AND PACKAGING GRADE KAOLIN CLAYS
MACON, Ga., Aug 2 (Bernama-GLOBE NEWSWIRE) -- CADAM SA announced today that it will increase prices for kaolin clay products for the global paper and packaging industry 6 to 8% effective October 1, 2016, or as contracts allow. “CADAM is committed to investing the necessary resources in technology, innovation and people for long-term sustainability in order to continue to serve its paper and packaging customers at a high level,” said Mark Gillespie, Vice President of Commercial. “CADAM’s goal is to create the greatest value for its paper customers through partnerships geared toward delivering cost effective solutions designed to reduce coating formulation cost and to optimize paper and printing performance.”
http://mrem.bernama.com/viewsm.php?idm=27255
http://mrem.bernama.com/viewsm.php?idm=27255
TOYO RICE CORPORATION'S HIGH PRICED RICE AT 11,304 YEN/KG LISTED IN GUINNESS WORLD RECORDS(R)(1)
Benefits of Kinmemai Rice promoted worldwide, helping to expand Japan's rice exports
TOKYO, July 28 (Bernama-BUSINESS WIRE) -- The "World's Highest Quality Rice," which Toyo Rice Corporation (Headquarters: Chuo-ku, Tokyo, President: Keiji Saika) made publicly available for the first time through its online shopping site (*2) for five days between June 29th and July 3rd, 2016, is listed in Guinness World Records as the world's most expensive rice. The rice was sold in units of six packages x 140 g for 10,800 yen (including consumption tax and postage). All 30 boxes of the rice were sold as planned. The rice is certified and listed in Guinness World Records as priced at 11,304 yen/kg (109 U.S. dollars/kg) excluding consumption tax and postage.
Toyo Rice Corporation has advanced its "World's Highest Quality Rice" business since last winter in order to improve the global perception of Japanese rice and provide "a dream and hope" to rice producers in Japan. Six varieties of rice were carefully selected from among 18 varieties of brown rice that were awarded gold prizes and certified as the world's top quality rice in the International Category at the 17th International Contest on Rice Taste Evaluation (hosted by the Association of the Certified Rice Appraisers) held in Komatsu City, Ishikawa Prefecture in November 2015. A total of 3,870 kg of the six varieties of rice were purchased from their producers at 1,900 yen/kg, approximately eight times the usual price for rice. Then approximately 2,000 kg of brown rice grains were selected for their superior vital energy to produce Kinmemai Rice, an ultra-high class rice, with improved taste and vital energy thanks to Toyo Rice's unique aging, polishing, blending and rinse-free technologies. Regarding the stock of the World's Highest Quality Rice, only amounts reserved by Yugyoan Tankuma Kitamise, a Japanese restaurant headquartered in Kyoto, and amounts reserved for export overseas are now available. Toyo Rice Corporation will continue to advance its "World's Highest Quality Rice" business in order to proclaim the quality of Japanese rice and rice processing technologies worldwide.
Toyo Rice Corporation has advanced its "World's Highest Quality Rice" business since last winter in order to improve the global perception of Japanese rice and provide "a dream and hope" to rice producers in Japan. Six varieties of rice were carefully selected from among 18 varieties of brown rice that were awarded gold prizes and certified as the world's top quality rice in the International Category at the 17th International Contest on Rice Taste Evaluation (hosted by the Association of the Certified Rice Appraisers) held in Komatsu City, Ishikawa Prefecture in November 2015. A total of 3,870 kg of the six varieties of rice were purchased from their producers at 1,900 yen/kg, approximately eight times the usual price for rice. Then approximately 2,000 kg of brown rice grains were selected for their superior vital energy to produce Kinmemai Rice, an ultra-high class rice, with improved taste and vital energy thanks to Toyo Rice's unique aging, polishing, blending and rinse-free technologies. Regarding the stock of the World's Highest Quality Rice, only amounts reserved by Yugyoan Tankuma Kitamise, a Japanese restaurant headquartered in Kyoto, and amounts reserved for export overseas are now available. Toyo Rice Corporation will continue to advance its "World's Highest Quality Rice" business in order to proclaim the quality of Japanese rice and rice processing technologies worldwide.
Monday, August 1, 2016
A.M. BEST UPGRADES RATINGS OF STARR PROPERTY & CASUALTY INSURANCE (CHINA) COMPANY, LIMITED
HONG KONG, Aug 1 (Bernama-BUSINESS WIRE) -- A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Starr Property & Casualty Insurance (China) Company, Limited (Starr China) (China). The outlook for each rating remains stable.
The ratings reflect Starr China’s improved risk-adjusted capitalization and operating performance. In addition, Starr China receives business and operational support from Starr International Company, Inc. (SICO) and its insurance subsidiaries, and a capital commitment from Starr Insurance & Reinsurance Limited (SIRL), a company within SICO that is a 20% shareholder of Starr China. Starr China also assumes overseas treaty business ceded from SIRL, which accounted for over 30% of total gross premiums written in 2015.
A.M. BEST AFFIRMS RATINGS OF CENTRAL REINSURANCE CORPORATION
HONG KONG, Aug 1 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Central Reinsurance Corporation (Central Re) (Taiwan). The outlook for each rating remains stable.
The rating affirmations reflect Central Re’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), stable and positive underwriting results (after compulsory auto liability insurance (CALI) reserve release) in recent years and its competitive advantage being the sole domestic commercial reinsurer in Taiwan’s reinsurance market.
NOMURA RESEARCH INSTITUTE: JAPAN'S EXISTING HOME SALES TO INCREASE TO 340,000 IN 2030
- Vacant Homes Will Double to Over 20 Million in 2033 –
TOKYO, Aug 1 (Bernama-BUSINESS WIRE) -- Nomura Research Institute, Ltd. (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, has announced its predictions on the number of Japan’s vacant homes and vacancy rate (ratio of vacant homes in the total number of homes) from 2018 to 2033, as well as Japan’s existing home sales (homes other than newly built homes) from 2015 to 2030.
http://mrem.bernama.com/viewsm.php?idm=27249
TOKYO, Aug 1 (Bernama-BUSINESS WIRE) -- Nomura Research Institute, Ltd. (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, has announced its predictions on the number of Japan’s vacant homes and vacancy rate (ratio of vacant homes in the total number of homes) from 2018 to 2033, as well as Japan’s existing home sales (homes other than newly built homes) from 2015 to 2030.
http://mrem.bernama.com/viewsm.php?idm=27249
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