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Austria (149)


AUSTRIA

Lenzing expects to make a loss in full-year 2014; "Operating results above expectations"
Lenzing Group (Lenzing, Austria) says today that it expects consolidated sales to be €1.86 billion ($2.1 billion) in full-year 2014, according to preliminary figures, compared with €1.91 billion in 2013, a decrease of 2.6% year-on-year. This drop...

Borealis reports record net profit in 2014, warns of lower profit this year
Borealis today reported a 5% decline in fourth-quarter net profit to €141 million ($157.9 million) on 6% lower sales of €1.98 billion. Full-year 2014 net profit, however, was up 35% to €571 million, with sales advancing 3% to €8.33...

OMV's petchem profit slips
OMV (Vienna) says that operating profit at its petrochemicals business slipped in the fourth quarter of 2014 to €21 million, from €25 million in the corresponding quarter of 2013. Sales have not been disclosed. Higher margins were more than...

EEA report: Increasing use of renewable energy results in falling carbon emissions in Europe
The use of renewable energy resources is successfully driving down carbon emissions in Europe, according to a report published by the European Environment Agency (EEA; Copenhagen). EU greenhouse gas (GHG) emissions could have been 7% higher in 2012 than...

ICL to acquire food ingredients firm Prolactal
Israel Chemicals Ltd. (ICL; Tel Aviv) says that its food specialties business unit has entered into a share purchase agreement to acquire Prolactal (Hartberg, Austria) and its subsidiary, Rovita (Engelsberg, Germany). Prolactal is a leading European producer...

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