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Environmental Services & Equipment

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Recylex H1 IFRS net result swings to profit of 6.7 million euros

Thursday, 7 Sep 2017 12:25pm EDT

Sept 7 (Reuters) - RECYLEX SA :H1 SALES EUR 218.3 MILLION VERSUS EUR 167.8 MILLION YEAR AGO.H1 IFRS EBITDA PROFIT EUR 9.6‍​ MILLION VERSUS LOSS OF EUR 0.1 MILLION YEAR AGO.H1 IFRS NET PROFIT EUR 6.7 MILLION VERSUS LOSS OF EUR 4.3 MILLION YEAR AGO.ON LEAD SEGMENT: GROUP’S OBJECTIVE FOR THE H2 2017 IS TO MAINTAIN A HIGH LEVEL OF PRODUCTION.IN WAELZ OXIDE PRODUCTION, PROVIDED AVAILABILITY OF MATERIALS FOR RECYCLING REMAINS ON PAR WITH SITUATION IN H1, PRODUCTION PERFORMANCE IN BUSINESS SHOULD IMPROVE IN H2.DIRECTION OF THE EURO/US DOLLAR EXCHANGE RATE WILL BE A KEY FACTOR INFLUENCING TRENDS IN THE H2 OF 2017.

Vertex Energy says some of its business operations were affected by tropical storm Harvey

Tuesday, 5 Sep 2017 07:00am EDT

Sept 5 (Reuters) - Vertex Energy Inc ::Vertex Energy Inc provides updates on the impact of tropical storm Harvey on its business operations.Vertex Energy Inc - some of its business operations were affected by recent tropical storm Harvey.Vertex Energy Inc - continue to assess current facility status to determine impact of tropical storm.Vertex Energy - experienced some damage to facilities, will continue to assess over next few weeks, along with impact of interruptions to business operations.Vertex Energy - due to storm, co was unable to mobilize collection operations other than on a very limited basis from Aug 25 to Sept 1 in Houston, Corpus Christi, Louisiana markets.Vertex Energy Inc - Marrero and heartland facilities are running at normal capacities.Vertex Energy Inc - with disruptions experienced over last week, believe that financial results in q3 will be impacted.

Poten Environment Group unit to fully acquire Shanghai-based firm

Wednesday, 30 Aug 2017 01:45am EDT

Aug 30(Reuters) - Poten Environment Group Co Ltd <603603.SS>:Says its technology unit plans to acquire remaining 45 percent stake in a Shanghai-based firm, which is mainly engaged in environmental testing technology related business.Says unit will hold 100 percent stake in the Shanghai-based firm, up from 55 percent .Says acquisition price is 9 million yuan.

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