Venator Buoyed by Specialty Titanium Dioxide Business

Venator Materials Plc of the UK has reported a second quarter net income of US$21 million on revenues of US$578 million compared with a net income of US$196 million on revenues of US$626 million in the corresponding period of 2018. Simon Turner, Venator’s CEO, said, “ Second quarter performance was largely in-line with expectations notwithstanding...

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Hi-Crush Revenue Surpasses Expectations

Hi-Crush Partners LP of Houston, TX has reported a net loss of US$117.5 million on revenues of US$178.0 million for the second quarter of 2019 versus a net income of US$67.0 million on revenues of US$248.5 million in the same period of 2018. During the latest quarter, the company sold 2.7 million tons of frac...

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Livent Hydroxide Plants Running at Record Levels

Livent Corp of Philadelphia, PA has reported Lithium revenue in the second quarter of 2019 of US$114.0 million, an increase of 6% over the prior year quarter. The company reported second quarter adjusted EBITDA of US$28.0 million. Livent expects third quarter 2019 revenue to be in a range of US$105 million to US$115 million, compared...

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Inter-Rock Wary of Milk Over Production, Prices

Inter-Rock Minerals Inc of Toronto, ON has reported a net income of US$470,000 on revenue of US$11.6 million in the three months ended June 30, 2019 versus a net income of US$386,000 on revenue of US$13.3 million in the same period of 2018. The company owns three operating businesses: Papillon Agricultural Co Inc, MIN-AD Inc,...

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Nutrien Revenue Boosted by Higher Potash Prices

Nutrien Ltd of Saskatoon, SK has reported second quarter 2019 net earnings from continuing operations of US$858 million, up from US$741 million in the second quarter of 2018. The company’s consolidated sales increased from US$8.10 billion to US$8.66 billion. Nutrien’s Potash business contributed net sales of US$848 million, up from US$638 million in the same...

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