Petrochemical | 01 May 2022
LyondellBasell Q1 2022 earnings soar on higher volumes, margins
The company registered first quarter 2022 EBITDA at US$2 billion
The company registered first quarter 2022 EBITDA at US$2 billion
Operating income in the first quarter of 2022 was $52.8 million compared to $46.9 million in the first quarter of 2021
Company reported record quarterly net sales of $2.5 billion, a 12 percent increase over the previous record set in the fourth quarter of 2021
The expansion will increase the company’s global capacity for color aqueous pigment dispersions and is part of an ambitious investment program of more than $50 million over the next three years to meet the growing demand of the inkjet market for digital printing applications
Acquisition of Monofrax will accelerate growth of Saint-Gobain Ceramics in the refractory industry
This transaction marks another important milestone as ADNOC accelerates the delivery of its Downstream and Industrial growth program, further expanding the Company’s long-standing partnership with Borealis
Capacity of the new facility is 5,000 metric tons and will focus exclusively on manufacturing 'amorphous' PHAs (a-PHAs)
Company has raised its sales forecast for full-year 2022 based on the solid start in Q1
The company will deliver PDP for the FEED for a 2,850 mtpd melt and granulation plant
The company has been awarded an EPC contract by ENI to implement two hydrogen production lines for the Venice Refinery in Porto Marghera
Today, this unified port provides no fewer than 74,000 direct and 90,000 indirect jobs and with an added value of nearly €21 billion or 4.5% of Belgian GDP, is by far the largest economic engine in our country
The Bhubaneswar based startup makes rechargeable, bio-organic, and biodegradable batteries from crop residue
Alessandra Genco and Stefan Asenkerschbaumer succeed Anke Schäferkordt and Franz Fehrenbach as new shareholder representatives
The company has further planned for Phase II capacity expansion of soda ash (~ 300 kt), bicarb (70 kt), and specialty silica capacity by 50 kt
Sales grow to €23.1 billion (plus 19%) and EBIT before special items of €2.8 billion (plus 21%)
Air Products San Fu to Invest ~$900 million in ultra-high purity industrial gas facilities supplying customer's advanced fabs in Kaohsiung
First quarter 2022 adjusted EBITDA margin of 17% compared to adjusted EBITDA margin of 16% in the prior year period.
While the market offers highly lucrative growth, high capital cost is expected to be a key challenge
Company will invest $17 million to build an aerospace application support center (ASC) in Toulouse, France
The first production plant in St. Gabriel, Louisiana expected to be operational in 2023.will produce 15 tons per day (tpd) of green hydrogen
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