Imerys revenues rise as refractories, metallurgy businesses improve

• Autores: William Clarke
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 602, 2018 (Ejemplar dedicado a: Mayo - Junio)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • First-quarter sales and revenues are up in several areas, but demand for ceramic proppants remains poor.

    Industrial minerals giant Imerys has reported first-quarter sales supported by rising demand in the refractories, metallurgy and filtration sectors, although the ceramic proppant and roofing businesses remain subdued.

    In a financial statement published on Friday April 27, Imerys reported revenues up by 8.5% year-on-year to €1.2 billion ($1.43 billion) in the first quarter of 2018, taking account of negative currency effects and gains from the acquisitions of a number of businesses. Like-for-like sales in the quarter were up by 4.2%.

    Like-for-like revenues in the high resistance minerals division, which includes refractories, rose by 10% year-on-year in the first quarter, to €305.2 million. Imerys also reported growth in its monolithic refractories business, with demand “in most of the European and Asian industrial markets.” Prices for most refractory minerals have increased over the past year. Industrial Minerals on May 3 reported the price for alumina, fused brown, min 95% Al2O3, refractory sized (0-6mm), fob China, at $800-820 per tonne. This compared with $550-600 per tonne a year earlier.