Imerys sees profits rise as new production comes on stream
Published: Wednesday, 30 July 2014
Imerys’ H1 results show that while the market is still hard, there is a bright light ahead as the company’s production starts to ramp up. Interestingly, the results also underline the profitability of the company’s energy business, which includes the US proppant PyraMax plant acquisition.
French minerals conglomerate
Imerys today posted an increase in profits and revenue, and
underlined that its new production facilities in proppants, lime and
carbon black were starting to ramp up.
Revenue for the first half of the year, at 1.8m
($2.4m)* was up 4.4% on a comparable basis, but down...