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HELM Group reports stable revenues. Earnings burdened by external factors and losses from associated companies.
HELM Group earnings rise
HELM Fertilizer Corporation, Tampa, FL, a wholly owned subsidiary of HELM AG, will add additional fertilizer distribution hubs along the Mississippi River and its tributaries from CGB Fertilizer as of May 31, 2019.
From July 1 HELM AG will relocate its US subsidiary, HELM U.S. CORP., from Piscataway, NJ to new, larger quarters in the Energy Corridor in Houston, TX.
The new CHINA JUSHI production facility will be ready three years ahead of schedule and will have an annual production capacity of 200,000 tonnes
HELM AG and Greenyug, LLC today announced an off-take agreement for the purchase and sale of bio-based Ethyl Acetate produced at Greenyug’s planned Ethyl Acetate facility in Columbus, Nebraska.
HELM takes over the exclusive marketing outside Switzerland of caustic soda lye produced by CABB AG, Switzerland.
HELM AG will continue to market the products also from these new production capacities as exclusive distributor for for JUSHI in Germany, Austria and Switzerland.
As of 01.01.2016 HELM AG and ELAB have extended their long-term marketing contract for linear alkylbenzene (LAB). HELM expects stable export volumes of 100,000 t LAB p.a.