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WACKER Expects 2019 Sales Growth


As already announced, Wacker Chemie AG lifted its sales slightly in 2018, but fell short of its own EBITDA forecast. On presenting its annual report, the Munich-based chemical company announced that Group sales grew to €4.98 billion, up 1 percent year over year (2017: €4.92 billion). This slight ...


ALTANA Remains on the Growth Path in an Increasingly Challenging Environment

Sales increase by 3 percent to €2,307 million


In the 2018 fiscal year, the specialty chemicals company ALTANA remained on the growth path in a difficult market environment. Sales rose by 3 percent to €2,307 million. Adjusted for acquisition and exchange-rate effects, sales increased by 4 percent. The 2018 fiscal year was characterized by ...


Merck Achieves 2018 Targets and Is Set for Profitable Growth


Merck posted a successful finish to a challenging 2018. Net sales increased over the previous year, whereas EBITDA pre declined sharply owing to strong foreign exchange effects. Organically, this key earnings indicator was only slightly lower than in 2017. Merck wants to keep the dividend ...


Brenntag reports strong growth in financial year 2018

For 2019, Brenntag forecasts further growth in a more challenging economic environment


Brenntag posted a good financial year 2018. Its two key performance indicators operating gross profit and operating EBITDA both showed a clear increase due primarily to good organic growth. All Group regions contributed to the growth, with North America in particular delivering a very strong rise ...


Evonik more robust as strategy takes effect

Promised and delivered: adjusted EBITDA climbs to €2.6 billion


Evonik grew again strongly in 2018. Adjusted EBITDA increased 10 percent to €2.6 billion, compared with the previous year. All three chemical segments contributed to profit growth. The earnings forecast, that Evonik had raised after the first half of the year, was achieved despite external ...


BASF posts slight increase in 2018 sales and decline in earnings due mainly to lower contributions from Chemicals


BASF generated sales of €62.7 billion last year. This represents an increase of 2% compared with the previous year. Income from operations (EBIT) before special items declined to €6.4billion, compared with €7.6billion in the previous year. This was mainly attributable to the Chemicals segment, ...


Covestro raises dividend after strong business performance in 2018

2019 guidance influenced by further volume growth and lower margins


Covestro generated strong results in 2018 while challenges mounted throughout the year. Core volumes increased 1.6%, and Group sales rose by 3.4% to EUR 14.6 billion. After a weaker fourth quarter, Covestro could not achieve earnings at the previous year’s levels, which were marked by an ...


Plasmion’s sensor technology convinces investors


Plasmion has successfully completed an investment round with strong consortium. In addition to the VC partners Bayrische Beteiligungsgesellschaft (BayBG) and High-Tech Gründerfonds (HTGF), an experienced business angel from the BayStartUP network is also on board. With SICRIT®, Plasmion has ...


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Volkswagen invests in US start-up Forge Nano

Forge Nano is investigating innovative coatings for battery materials


The Volkswagen Group is investing US$10 million in the startup “Forge Nano Inc.” with a view to reinforcing its specialist knowledge in the field of battery research. Forge Nano is investigating a material coating technology that could further improve the performance of battery materials. As a ...


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KYOCERA acquires German advanced ceramic manufacturer


Kyocera Corporation announced that its Germany-based European headquarters, Kyocera Fineceramics GmbH has concluded an agreement with H.C. Starck GmbH to acquire 100% of the shares of its subsidiary H.C. Starck Ceramics GmbH, a European advanced ceramics manufacturing and sales company based in ...


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