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Rubber Chemical Consultants Ltd
Rubber Chemical Markets

Industry News


We track rubber chemical industry market trends using a wide range of industry sources. Optimum market insight is achieved by combining public information with RCCL's extensive range of confidential information which is pooled together using RCCL's proprietary database and reporting systems.

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August (2022)

Thai Lube Base PCL: 2022 Q2 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/28402.06358.032.11
All SegmentsEBITDA2022/2735.01770.0-58.5
All SegmentsNet Margin2022/2549.01386.0-60.4


May (2022)

H&R Group: 2022 Q1 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/1361.8241.150.1
All SegmentsEBITDA2022/125.225.7-1.9
All SegmentsEBIT2022/112.013.2-9.1
All SegmentsNet Margin2022/17.88.0-2.5


Thai Lube Base PCL: 2022 Q1 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20222021YoY, %Notes
All SegmentsSales Revenue2022/16808.04962.037.21
All SegmentsEBITDA2022/1455.01030.0-55.8
All SegmentsNet Margin2022/1329.0797.0-58.7


March (2022)

H&R Group: 2021 FY and Q4 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue20211188.4873.036.1
All SegmentsEBITDA2021132.755.8137.7
All SegmentsEBIT202181.7-.327339.7
All SegmentsNet Margin202152.5-9.0683.7
All SegmentsSales Revenue2021/4310.5223.239.2
All SegmentsEBITDA2021/4-4.325.2-116.8
All SegmentsEBIT2021/4-4.76.6-170.5


February (2022)

Thai Lube Base PCL: 2021 Q3 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/36420.03447.086.21
All SegmentsEBITDA2021/31327.0513.0158.72
All SegmentsNet Margin2021/31038.0375.0176.8


August (2021)

Thai Lube Base PCL: 2021 Q2 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/26358.02869.0121.61
All SegmentsEBITDA2021/21770.0-120.01575.02
All SegmentsNet Margin2021/21386.0-139.01097.13


H&R Group: 2021 Q2 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/2317.1182.473.8
All SegmentsDirect Materials2021/2231.8133.973.1
All SegmentsEBITDA2021/274.45.71202.7
All SegmentsEBIT2021/249.1-6.9813.0
All SegmentsNet Margin2021/233.0-9.1462.0


May (2021)

Thai Lube Base PCL: 2021 Q1 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20212020YoY, %Notes
All SegmentsSales Revenue2021/14962.03879.027.91
All SegmentsEBITDA2021/11030.0379.0171.8
All SegmentsNet Margin2021/1797.0284.0180.6


H&R Group: 2020 FY and Q4 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020873.01075.3-18.8
All SegmentsEBITDA202055.852.36.6
All SegmentsEBIT2020-.36.9-104.3
All SegmentsSales Revenue2020/4223.2250.6-11.0
All SegmentsEBITDA2020/425.27.7228.8
All SegmentsEBIT2020/46.6-4.1259.7
All SegmentsNet Margin2020/45.1-4.8207.1


February (2021)

Thai Lube Base PCL: 2020 Q4 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/43844.04424.0-13.1
All SegmentsEBITDA2020/4533.0653.0-18.41
All SegmentsNet Margin2020/4390.0502.0-22.3


November (2020)

H&R Group: 2020 Q3 Results  Link...

H&R Group: Strong recovery from summer to end of Q3.

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/3208.1274.7-24.3
All SegmentsEBITDA2020/314.15.1177.3
All SegmentsEBIT2020/32.0-6.7129.3
All SegmentsNet Margin2020/3-.8-5.885.7


Thai Lube Base PCL: 2020 Q3 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/33447.04288.0-19.6
All SegmentsEBITDA2020/3513.0258.098.81
All SegmentsNet Margin2020/3375.0187.0100.5


September (2020)

Panama Petrochem Ltd: 2019 Full Year Results  Link...

Panama Petrochem Ltd: Downward pressures from international trading environment, raw material price fluctuations, excess capacity and COVID-19.

Panama Petrochem supplies customised petroleum products to multiple industries including the rubber industry. Results are not segmented by industry, RCCL tracks the company consolidated results. Currency values reported in: Millions of INR

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue201910027.512693.3-21.0
All SegmentsEBITDA2019568.4999.1-43.1
All SegmentsEBIT2019495.9939.9-47.2
All SegmentsNet Margin2019287.8518.8-44.5


August (2020)

H&R Group: 2020 Q2 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/2182.4263.9-30.9
All SegmentsDirect Materials2020/2133.9209.7-36.2
All SegmentsEBIT2020/2-6.98.4-182.4
All SegmentsNet Margin2020/2-9.15.4-267.7


Thai Lube Base PCL: 2020 Q2 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/22869.04827.0-40.61
All SegmentsEBITDA2020/2-120.0436.0-127.52
All SegmentsNet Margin2020/2-139.0322.0-143.23


Panama Petrochem Ltd: 2020 Q1 Results  Link...

Panama Petrochem supplies customised petroleum products to multiple industries including the rubber industry. Results are not segmented by industry, RCCL tracks the company consolidated results. Currency values reported in: Millions of INR

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/11598.02698.5-40.8
All SegmentsEBITDA2020/196.3175.1-45.0
All SegmentsEBIT2020/177.2158.1-51.2
All SegmentsNet Margin2020/137.876.6-50.7


May (2020)

H&R Group: 2020 Q1 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/1259.4286.1-9.3
All SegmentsEBITDA2020/110.720.1-46.8
All SegmentsEBIT2020/1-2.09.4-121.3
All SegmentsNet Margin2020/1-4.25.2-180.8


Thai Lube Base PCL: 2020 Q1 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20202019YoY, %Notes
All SegmentsSales Revenue2020/13879.04704.0-17.51
All SegmentsEBITDA2020/1379.096.0294.82
All SegmentsNet Margin2020/1284.056.0407.13


Nynas: Exits US Sanctions  Link...

The US Treasury Department's Office of Foreing Asset Control (OFAC) announced that Nynas is no longer being blocked pursuant to the Venezuela Sanctions Regulations. As a result of a corporate restructuring of the ownership of Nynas AB sanctions are lifted, and US persons and companies no longer require an authorization from OFAC to engage in transactions or activities with Nynas AB. As a consequence, general license GL 13E is removed.

The US sanctions ultimately forced Nynas into reorganisation at the end of last year - the focus moving forwards is to complete the ongoing reorganisation process and return to normal trading conditions with associated long-term financing.


April (2020)

H&R Group: 2019 FY and Q4 Results  Link...

H&R Group: Performance down due to global economic developments including the trade dispute between the United States and China. This has significantly influenced major markets leading to pricing pressures caused by redirection of low priced products to Europe in place of the North America.

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue20191075.31114.1-3.5
All SegmentsEBITDA201952.374.3-29.6
All SegmentsEBIT20196.940.2-82.8
All SegmentsSales Vol MT2019815254.0836140.0-2.5
All SegmentsNet Margin2019.122.3-99.6
All SegmentsSales Revenue2019/4250.6280.5-10.6
All SegmentsEBITDA2019/47.714.7-47.7
All SegmentsEBIT2019/4-4.17.3-156.7
All SegmentsNet Margin2019/4-4.81.8-364.5


February (2020)

Thai Lube Base PCL: 2019 Q4 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/44424.05941.0-25.51
All SegmentsEBITDA2019/4653.0209.0212.42
All SegmentsNet Margin2019/4502.0145.0246.2


IRPC Public Company Limited : 2019 Full Year Results  Link...

IRPC Public Company Ltd is an integrated refining and petrochemical company with complexes at its own industrial zone in Rayong province. IRPC reports in three segments: Petroleum business, Petrochemical Business and Supporting Businesses. Rubber Chemical Consultants Ltd tracks the performance in the Petroleum Business, more specifically the Lube Base Oil sub segment which produces rubber processing oils along with other products. Currency values reported in: Millions of THB

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue201916781.019229.0-12.71


December (2019)

Nynas: Applies for Company Reorganisation  Link...

Nynas AB has filed for company reorganisation at Södertörn's District Court. Nynas loans have not been extended by the banks. Thus, Nynas cannot pay due debts forcing the company to apply for a reorganisation.

US sanctions against Nynas 50 percent shareholder, Venezuelan PDVSA, have eroded Nynas profitability over time. Due to PDVSA's ownership, Nynas has been affected by US financial restrictions since August 2017. Recently, the company has also been stopped from buying crude oil from Venezuela which has been replaced with other crude oils. This has resulted in increased raw material costs. As a result of the sanctions, the company had high financial prices and lost business because of the sanctions. Now, a situation has arisen where there is no longer a continuous financing of the company's operations.

A plan has been drawn up with the objective to get Nynas completely out of the sanctions in early 2020. A strategic three-year plan to achieve better profitability has also been developed and Nynas is also implementing changes in the raw material mix to the refineries. Despite these actions the banks have chosen not to support the company's plan resulting in the request for reorganisation.


November (2019)

H&R Group: 2019 Q3 Results  Link...

H&R Group: Difficult market conditions impact sales and earnings. Future focus on differntiated products is being accelerated.

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/3274.7283.3-3.1
All SegmentsEBITDA2019/35.118.5-72.4
All SegmentsNet Margin2019/3-5.85.3-208.6
All SegmentsEBIT2019/3-6.710.1-166.3


Thai Lube Base PCL: 2019 Q3 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/34288.05007.0-14.41
All SegmentsEBITDA2019/3258.0222.016.22
All SegmentsNet Margin2019/3187.0158.018.4


August (2019)

H&R Group: 2019 Q2 Results  Link...

H&R Group: Increasing competition in European market with continued exacting and difficult challenges on the global market.

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/2263.9279.5-5.61
All SegmentsEBITDA2019/219.417.511.42
All SegmentsEBIT2019/28.49.0-6.7
All SegmentsNet Margin2019/25.45.32.5


Thai Lube Base PCL: 2019 Q2 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/24827.05026.0-4.01
All SegmentsEBITDA2019/2436.0463.0-5.82
All SegmentsNet Margin2019/2322.0360.0-10.6


Panama Petrochem Ltd: 2018/9 Full Year Results  Link...

Panama Petrochem supplies customised petroleum products to multiple industries including the rubber industry. Process oils are the primary product for the rubber industry segment. Results are not segmented by industry, RCCL tracks the company consolidated results. Currency values reported in: Millions of INR

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201812693.313458.1-5.7
All SegmentsEBITDA2018999.11092.0-8.5
All SegmentsNet Margin2018518.8609.7-14.9


May (2019)

H&R Group: 2019 Q1 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/1286.1270.95.61
All SegmentsEBITDA2019/120.123.7-15.22
All SegmentsEBIT2019/19.413.8-31.9
All SegmentsNet Margin2019/15.29.9-47.5


Thai Lube Base PCL: 2019 Q1 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20192018YoY, %Notes
All SegmentsSales Revenue2019/14704.04985.0-5.61
All SegmentsEBITDA2019/196.0554.0-82.72
All SegmentsNet Margin2019/156.0417.0-86.6


April (2019)

IRPC Public Company Limited : 2018 Full Year Results  Link...

IRPC Public Company Ltd is an integrated refining and petrochemical company with complexes at its own industrial zone in Rayong province. IRPC reports in three segments: Petroleum business, Petrochemical Business and Supporting Businesses. Rubber Chemical Consultants Ltd tracks the performance in the Petroleum Business, more specifically the Lube Base Oil sub segment which produces rubber processing oils along with other products. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue201819229.016110.019.41


March (2019)

H&R Group: 2018 Q4 Results  Link...

H&R Group: Results impacted by raw material pricing and global uncertainty.

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue20181114.11025.18.71
All SegmentsDirect Materials2018832.9764.39.02
All SegmentsEBITDA201874.397.9-24.1
All SegmentsEBIT201840.254.8-26.7
All SegmentsNet Margin201822.332.1-30.5
All SegmentsSales Vol MT2018836140.0832000.0.5
All SegmentsSales Revenue2018/4280.5240.316.7
All SegmentsDirect Materials2018/4224.1178.825.3
All SegmentsEBITDA2018/414.717.2-14.5


February (2019)

Thai Lube Base PCL: 2018 Q4 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/45941.04531.031.11
All SegmentsEBITDA2018/4209.0565.0-63.0
All SegmentsNet Margin2018/4145.0365.0-60.32


November (2018)

H&R Group: 2018 Q3 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/3283.3257.210.21
All SegmentsEBITDA2018/318.527.9-33.7
All SegmentsEBIT2018/310.119.3-47.7
All SegmentsNet Margin2018/35.312.5-57.6


Thai Lube Base PCL: 2018 Q3 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/35007.04485.011.61
All SegmentsEBITDA2018/3222.0649.0-65.8
All SegmentsNet Margin2018/3158.0435.0-63.7


August (2018)

H&R Group: 2018 Q2 Results  Link...

H&R Group: Rapid raw material increases lead to loss of momentum with only partial recovery through price increases. Further price increases planned to address the issue.

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/2279.5260.27.4
All SegmentsEBITDA2018/217.525.4-31.41
All SegmentsEBIT2018/29.016.6-46.1
All SegmentsNet Margin2018/25.310.8-51.1


Thai Lube Base PCL: 2018 Q2 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/25026.04688.07.21
All SegmentsEBITDA2018/2463.0756.0-38.8
All SegmentsNet Margin2018/2360.0523.0-31.22


Ergon: Ergon Chemical L.L.C. Acquires Resinall Corp  Link...

Ergon Chemicals has acquired Resinall Corp. Resinall is a manufacturer of thermoplastic resins and polymers with manufacturing facilities in Hattiesburg, Mississippi, and Severn, North Carolina. This acquisition moves Ergon into the specialty chemicals market, building upon the company’s commitment to being a global leader in the refining and marketing of specialty products.


May (2018)

Panama Petrochem Ltd: 2017 Full Year Results  Link...

Panam Petrochem Ltd is one of India's leading manufacturers for various petroleum specialities. Products include mineral oils, paraffins, transformer oils, petroleum jellies, ink oils and other speciality products. Industries served include: printing, resin, cosmetics, rubber, pharma, engineering, chemicals and petro chemicals. Panoil is the key company product accounting for 97% of product volume, the remained being waxes and other products. Currency values reported in: Millions of INR

SegmentParameterPeriod20172016YoY, %Notes
All SegmentsSales Revenue201713458.18993.749.6
All SegmentsEBIT20171039.1742.440.0
All SegmentsNet Margin2017609.7438.039.2


H&R Group: 2018 Q1 Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/1270.9267.41.31
All SegmentsDirect Materials2018/1211.5198.06.8
All SegmentsEBITDA2018/123.727.4-13.5
All SegmentsEBIT2018/113.818.4-25.0
All SegmentsNet Margin2018/19.911.2-11.6


Nynas: 2018 Q1 Results  Link...

Nynas: Volumes stable with margins reducing due to increasing raw material costs

Nynas refine oil into high-performance speciality producs focusing on two segments: Naphthenic oils and Bitumen. Within the Napthenic oil segment products are produced for the tire and rubber industry (as well as others), these products improve processing and final performance. Rubber Chemical Consultants Ltd tracks and analyses the Naphthenic segment. Currency values reported in: Millions of SEK

SegmentParameterPeriod20182017YoY, %Notes
Naphthenic OilsSales Revenue2018/11927.01846.04.41
Naphthenic OilsadjEBITDA2018/1129.0206.0-37.42
Naphthenic OilsSales Vol YoY %2018/1100.0103.0-2.93


Thai Lube Base PCL: Q1 Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20182017YoY, %Notes
All SegmentsSales Revenue2018/14985.04531.010.0
All SegmentsEBITDA2018/1554.0565.0-1.9
All SegmentsNet Margin2018/1417.0365.014.2


April (2018)

Nynas: New Product NYTEX 846® Process Oil for Rubber and Tire Industry  Link...

NYTEX® 846 developed for tire industry applications to meet the need for fuel economy, wet grip and wear performance. NYTEX 846 is produced using state-of-the-art hydrotreating technology, and its polarity is designed to ensure it performs well in conjunction with a wide range of polymers. NYTEX 846 is designed to meet the present and foreseeable health, safety, and environmental demands of legislative bodies around the globe, including all requirements on polycyclic aromatic hydrocarbons (PAHs), making it a sustainable and safe choice for the tyre and rubber industry. The product will be made available worldwide through Nynas’ extensive depot network, serving the needs of an active global industry.


March (2018)

H&R Group: 2017 Full Year Results  Link...

H&R GmbH produce speciality chemical products using state-of-the-art refineries and processes. Products include plasticisers, white oils and paraffins as well as precision plastic products. Rubber Chemical Consultants tracks H&R GmbH consolidated results, in 2017 the refining and sales segment accounted for approximately 94% of total revenue, the plasticiser share was approximately 27% of sales revenue in previous years. Currency values reported in: Millions of EUR

SegmentParameterPeriod20172016YoY, %Notes
All SegmentsSales Revenue20171025.1942.78.71
All SegmentsDirect Materials2017722.0618.916.7
All SegmentsDirect Other2017113.7114.1-.3
All SegmentsEBITDA201797.9101.4-3.52
All SegmentsNet Margin201732.138.4-16.4
All SegmentsSales Vol MT2017832000.0849300.0-2.0


February (2018)

Nynas: 2017 Full Year and Q4 Results  Link...

Nynas refine oil into high-performance speciality producs focusing on two segments: Naphthenic oils and Bitumen. Within the Napthenic oil segment products are produced for the tire and rubber industry (as well as others), these products improve processing and final performance. Rubber Chemical Consultants Ltd tracks and analyses the Naphthenic segment. Currency values reported in: Millions of SEK

SegmentParameterPeriod20172016YoY, %Notes
Naphthenic OilsSales Revenue20177686.06749.013.9
Naphthenic OilsadjEBITDA2017807.0506.059.5
Naphthenic OilsSales Vol YoY %2017103.0106.0-2.81
Naphthenic OilsSales Revenue2017/41961.01949.0.6
Naphthenic OilsadjEBITDA2017/4318.0-10.03280.0
Naphthenic OilsSales Vol YoY %2017/4103.0107.0-3.7


Thai Lube Base PCL: 2017 Full Year Results  Link...

Thaioil is Thailand's largest refinery and supplier of petroleum products. Thaioil reports in four segments: Oil Refinery, Petrochemical & Lube Base Oil, Power Generations & Transportation & Others. Rubber Chemical Consultants Ltd tracks Thaioil's Petrochemical Segment which reports the Lube Base Oil results separately. The Lube Base oil segment produces Lube Base Oil, Bitumen and TDAE process oil. Currency values reported in: Millions of THB

SegmentParameterPeriod20172016YoY, %Notes
All SegmentsSales Revenue201718662.013536.037.91
All SegmentsEBITDA20172694.02004.034.42
All SegmentsNet Margin20171812.01261.043.7


IRPC Public Company Limited : 2017 Full Year Results  Link...

IRPC Public Company Ltd is an integrated refining and petrochemical company with complexes at its own industrial zone in Rayong province. IRPC reports in three segments: Petroleum business, Petrochemical Business and Supporting Businesses. Rubber Chemical Consultants Ltd tracks the performance in the Petroleum Business, more specifically the Lube Base Oil sub segment which produces rubber processing oils along with other products. Currency values reported in: Millions of THB

SegmentParameterPeriod20172016YoY, %Notes
All SegmentsSales Revenue201716110.014804.08.81


November (2017)

Nynas: Opens New Rubber Compounding and Testing Laboratory  Link...

Looking to accelerate product approvals for tyre, rubber and TPE applications, Nynas has opened a new rubber compounding and testing laboratory. Equipment includes a 1.5 litre intermeshing mixer and mill along with testing for viscosity, cure and reinforcing performance.


August (2017)

Gazprom: Neft Begins Production of Environmentally Friendly Oils  Link...

Gazpromneft Lubricants, operator of the Gazprom Neft lubricants business, has begun production of a specialist lubricant-plasticizer, Gazpromneft TDAE, at its Omsk Lubricants Plant, using its own unique patent technology.


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