A new NTE in the pipeline…and further delays
Crossject released its H1 17 results. Revenues reached €1,635k (vs €1,600k), operating result €-4,256k (vs €-2,779k), and the net result €-3,360k (vs €-2,831k). Net cash at the end of H1…
Agreement to deliver to Galp’s Sines refinery
Ecoslops and Galp have signed an agreement: Galp will buy Ecoslops’ refined cut at the market price at Sines. The agreement should be effective until 2020. The first deliveries were…
Ship-shape form and growth-minded
Chargeurs released a strong H1 17, unsurprisingly pulled up by its Protective Film business. The company kick-starts even more ambitious growth plans to double its size to €1bn revenues by…
Mixed quarter, negatively impacted by a disappointing performance in Terminals
Keyware released its Q2 17 results, with revenues reaching €4,482k, corresponding to a 14.3% decrease yoy. Terminals came in at €2,086k (-18.7% yoy), Authorisations at €2,345k (-11.9% yoy), and the…
Doubling Sines’ volumes; new mini-P2R concept
Production at Sines was 12,200 tons in H1 17, doubling from last year. The volume of sales stood at 9,700 tons, vs. 3,700 tons in H1 16. The product mix…
MoU for the Antwerp micro-refinery
Ecoslops has signed a memorandum of understanding (MoU) with the Port of Antwerp and ATPC (Antwerp Terminal and Processing Company), refiner and storage provider for the VTTI Group (Vitol Tank…
Chargeurs opens its heart
Chargeurs’ willing new boss organised a field trip to the main plant of Chargeurs Protective Films, the most profitable business line of the group. We were impressed. The new CEO,…
Strong authorisations offset weaker terminals
Keyware released its Q1 17 results, with revenues reaching €4,528k, corresponding to 12.6% growth yoy. Terminals came in at €2,502k (-13.4% yoy), and Authorisations at €1,785k (+57.7% yoy). The remainder…
Surprisingly strong Q1 growth at Protective Films
Chargeurs SA has released a very strong set of figures for Q1 17 with lfl sales up 5.6% (excluding Luxury Materials, see table below) and pulled by the +10.2% of…
Top-line above expectations, litigation as the major cloud
Keyware released its FY16 results, with revenues coming in at €18,721k, corresponding to an 11.4% increase yoy. Terminals came in at €11,115k, down 3.9% yoy, while Authorisations came in at…