Synthomer shares tumbled 10.3% in early afternoon trading on Tuesday following an underlying EBITDA fall of 46.2% to £173.1 million in HY1 2022 against £322.7 million in HY1 2021. Synthomer said all businesses delivered EBITDA growth except for its Performance Elastomers sector, following a 2021 swell of demand for Nitrile Butadiene Rubber (NBR) linked to […]

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FTSE 100 listed chemicals and tech company, Johnson Matthey (LON:JMAT), watched its share price shed 5% on Thursday, as the company saw its bottom line contract significantly during the recent half-year of trading. The company reported that sales fell by 20%, driven by reduced demand for its Clean Air, Efficient Natural Resources and New Markets […]

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Rainbow Rare Earths Limited (AIM:RBW) watched its shares surge on Tuesday, following the announcement that it had signed an agreement for co-development of the Phalaborwa Rare Earths Project in South Africa, with Bosveld Phosphates Limited. The company said the project comprises around 35 million tonnes of gypsum, with rare earth earth elements in situ grade […]

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Croda International (LON:CRDA) have given shareholders a steady set of annual results, which have been released on Tuesday morning. The FTSE 100 listed firm said that profits had dipped across 2019, and this was largely due to flat sales. Steve Foots, Chief Executive Officer commented: “In 2019, we delivered a resilient performance with a strong […]

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Speciality chemicals and food ingredients distributor IMCD N.V. (AMS: IMCD) boasted strong performance fundamentals during the first nine months of the year. The Group reported an on-year gross profit bounce of 15% to EUR 457.3 million, while operating EBITA jumped 12% to EUR 175.7 million. The Company added that its net result before amortisation and […]

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Speciality chemicals and sustainable technologies company Johnson Matthey PLC (LON: JMAT) reported stagnant sales and growth across its divisions for the first quarter, ahead of its AGM. On a constant currency basis, sales remained flat on the whole. While their Clean Air sector saw growth driven by their European Light Duty business, this was offset […]

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