Discipline pays off
Chargeurs released robust Q3 revenues even though the US hurricanes led to business being pushed back to Q4 (see following table). By business, Q3 is a confirmation of top-line strength…
Further pain by H1 17 but green energy progress
Europlasma posted a €-11m loss over H1 17. This was €2m worse than in H1 16. The top line and EBITDA were both sharply down. Europlasma’s rather disappointing financial showing…
Positive EBITDA at Sines
H1 17 revenues came in at €2.9m, almost doubling from H1 16. Sines posted its first positive EBITDA; group EBITDA was just below break-even but €1.8m higher vs. last year….
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,…