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…
2016’s considerable pains open the way to a power generation future
2016 was another painful year for Europlasma with losses of €-17.3m (comparable to 2015) on sales of €9.7m (down 31%). These losses result from well understood (and since overcome) delays…
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…
Excellent 2016 delivery, confidence reinforced
Chargeurs posted excellent 2016 earnings as perfectly described in the following table. The confidence-inspiring item and real piece of news is the €0.55 dividend, an 83% increase on 2015 and…