Economics

  • Afrox oulet
    News

    Afrox first half financial announcement

    2014-08-22T14:22:00Z

    Despite achieving price increases broadly in line with increased input costs, revenue for the six months to 30 June 2014 was flat at R2.87bn (2013: R2.86bn). Earnings before interest, tax, depreciation and amortisation (EBITDA) was down 2% at R442 million (2013: R449m).

  • Gulf-Cryo-Austria
    News

    Gulf Cryo acquires shares

    2014-08-21T10:14:00Z

    The company has announced significant investment in acquiring shares in Tyczka Air Austria – and has subsequently become a minority partner.

  • Plug-Power-logo-gas_world
    News

    “Record revenues” for Plug Power

    2014-08-15T12:06:00Z

    The company, which provides energy solutions using hydrogen, has reported its 2014 second quarter results – achieving notable gains in revenue.

  • business deal, merger, aquisition
    News

    €3m investment in SmartKem

    2014-08-13T16:17:00Z

    BASF Venture Capital has invested €1m in the UK-based company SmartKem. The company is focused on high performance organic semiconductor inks to enable printing of thin film transistors.

  • Economic analysis report finance
    News

    “Objectives maintained” for Air Liquide

    2014-07-31T09:22:00Z

    Profit and revenue increases for the company, in a term when it secured key contracts in growing markets and continued acquisitions in healthcare.

  • Business papers finance
    News

    Linde growth “stable” despite exchange rates

    2014-07-29T08:55:00Z

    Group revenue is up 5.6%, after adjusting for exchange rate effects, for the first half of 2014 – resulting in solid revenue growth, with moderate improvement in operating profit.

  • Economic analysis report finance
    News

    Third quarter increases for Air Products

    2014-07-23T12:48:00Z

    Air Products today reported third quarter results led by strong performance in Merchant Gases, and Electronics and Performance Materials. For the quarter ended June 30, 2014, net income was $314m, up 9%, and diluted earnings per share (EPS) was $1.46, an increase of 7%, compared with results for the third ...

  • Dollar coins finance
    News

    Praxair income and sales increase

    2014-07-23T11:51:00Z

    Praxair has reported second-quarter net income of $467m and diluted earnings per share of $1.58, 5% and 6% above the prior-year quarter, respectively. The company has strong cash flow for operations at $847m – 27% of sales.

  • Pipes refinery
    News

    Increasing pressure on refining margins, says report

    2014-07-15T15:13:00Z

    An additional 11.7 million barrels per day (mmbd) of Crude Distillation Capacity (CDU) will come online globally between 2014 and 2020, with an annual average of 1.6 mmbd, says a new report from GlobalData – a dynamic which it is claimed will impact negatively upon refining margins.

  • Tablet finance business
    Features

    Regional markets: Focus on global update

    2014-07-02T05:00:00Z

    Midway through 2014 and the global industrial gases industry is in the midst of a gradually improving business environment. Despite being offset in some areas by external variables such as energy pricing, weather systems and political landscapes, higher underlying volumes appear to be a common theme across the recent financial ...