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Lanxess closed fiscal year 2021 successfully. Despite immense increases in energy, raw material and freight costs, the specialty chemicals company significantly improved its sales and earnings.
Interview with Ralf Krueger, Lanxess Regional Head EMEA
In a very volatile external environment, MOL Group generated USD 947mn Clean CCS EBITDA in Q4, bringing full-year Clean CCS EBITDA to an all-time high USD 3.531bn, above the updated guidance.
Dassault Systèmes announced IFRS unaudited financial results for the fourth quarter and year ended December 31, 2021. The Group’s Board of Directors approved these results on February 2, 2022.
Polyplastic increased shipments both inside the country and abroad, introduced a number of important measures, successfully underwent audits of leading auto manufacturers and received high scores for financial stability and corporate social responsibility system.
Throughout the year the Group was committed to ensuring workplace safety and continuity of production and assistance. Investment in product innovation and a new in-company ‘digital culture’ continued apace.
The start of the fiscal year 2020/21 was particularly challenging due to the first Corona lockdown imposed in Austria almost at the same time and the worldwide spread of the pandemic.
Regardless of global economic tremors caused by the COVID-19 pandemic R&P Polyplastic managed to maintain the sales amount on the level of 2019. The enterprise increased profitability, implemented a number of large-scale projects and shaped plans for the future.
The Board of Directors reviewed and approved “MOL Group 2030+”, an update of the company’s long-term strategy fully integrated with a new sustainability strategy and complemented with a longer-term vision and ambitions beyond 2030.
Vecoplan is currently running as profitably as in the previous year - and after the first half of the year, revenue was even at the previous year’s level. Reason enough to continue to invest in production modernisation and personnel.
Following the third quarter, Lanxess is confirming and narrowing the corridor for the guidance for 2020 and now expects EBITDA pre exceptionals for the full year to come in between EUR 820 million and EUR 880 million.
At month-end August, sales volumes of Trade House “Polyplastic” grew by 5% comparing to results of August 2019 and reached 9 thousand tons.
Research and Production Enterprise “Polyplastic” continues to weather the crisis, however results of the first half of this year were significantly influenced by the coronavirus pandemic.
Lanxess is continuing to weather the crisis well and is confirming its forecast for the full year. The specialty chemicals company still anticipates EBITDA pre exceptionals of between EUR 800 million and EUR 900 million for 2020.
The financial year 2019/20, which ended on 31 March, marks a special milestone in Erema's corporate history.
Total packaging industry deals for February 2020 worth $823.28m were announced globally, according to GlobalData’s deals database.
Lanxess had a successful fiscal year 2019. EBITDA pre exceptionals increased by 3.3 percent to EUR 1.019 billion. The earnings came in roughly in the middle of the range of EUR 1.00 billion to EUR 1.05 billion. In the previous year, the company generated earnings of EUR 986 million.
Research and Production Enterprise “Polyplastic” announced Full-Year 2019 Financial Results. The conference was held in its Head Office in Moscow.
After several years with strong growth, Polykemi AB continues to deliver very strong results. During the first half of 2019, the company has gained 71 new businesses.
The Engel Group saw out the 2018/19 fiscal year, which closed at the end of March, with a turnover of €1.6 billion. The injection moulding machine manufacturer and systems solutions provider headquartered in Schwertberg, Austria, once again raised its sales, achieving a 6% increase over the previous year.
On April 24, R&P Polyplastic held a conference to conclude the Q1 results. Company analysts recorded considerable increase of sales in volume growth.
Specialty chemicals company Lanxess has made a solid start to the new fiscal year despite the weakening economy.
In the first quarter of 2019, BASF Group sales rose by 3% year on year to €16.2 billion.
In 2018, the Wittmann Group again increased its sales figure compared to the previous year and thus continued its growth. Since the end of the year, however, the order situation has been showing first signs of slowing down.
Erema Group continues to grow and increases turnover by 16 percent
In 2018, EBITDA pre exceptionals increased by 9.8 percent to EUR 1.016 billion.
Sales increased by 4.4 percent to EUR 1.79 billion in the third quarter. EBITDA pre exceptionals 1.5 percent higher at EUR 277 million. Net income from continuing operations increased to EUR 80 million.
First Half-Year 2018: Gurit Reports Strong Net Sales Growth of +11.5% and Operating Profit Margin of 8.2%
Following a good performance in the second quarter, specialty chemicals company Lanxess has specified its earnings forecast for 2018. We are talking about the current and future situation of the Group with Dr. Rainer van Roesseil, a member of the Lanxess Management Board.
The Turkish plastics industry achieved a record-level growth during Q1 of 2018 despite all negative developments in global economy.
Following a good second quarter, Lanxess specifies its earnings forecast for 2018.
Clariant today announced first half 2018 sales of CHF 3.389 billion compared to CHF 3.132 billion in the first half of 2017. This corresponds to 7 % growth in local currency and 8 % in Swiss francs. Sales growth was supported by organic growth contributions from all Business Areas, in particular Catalysis and Care Chemicals.
EREMA offers a fully automatic processing system for edge trim with the proven INTAREMA K. Sales have increased by 100 per cent compared to the previous financial year.
Following a successful 2017 business year, BASF has had a good start to the year 2018. “Last year, we achieved significant growth and were able to further increase our profitability" said Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE.
The report combines financial and non-financial elements to provide an in-depth view of Clariant’s holistic approach to creating added value for customers, employees, shareholders, and the environment.
Milacron closes 2017 with double digit sales growth and strong cash flow from operations