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$34.3 million in its first quarter.
On a per-share basis, the
Sugar Land, Texas-based company said it had a loss of
$1.11. Losses, adjusted for one-time gains and costs, were
97 cents per share.
$194.6 million in the period.
Team shares have decreased 3.5% since the beginning of the year. The stock has risen 99% in the last 12 months.
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Associated Press News
06:08a
10:49 AM, 5th May 2021 Solvay s soda ash plant in Rheinberg, Germany. The company announced plans to completely phase out use of thermal coal at the plant and has commissioned a biomass boiler to go into operation in May 2021.
BRUSSELS, BELGIUM: Solvay announced plans to completely phase out the use of thermal coal at its soda ash plant in Rheinberg, Germany. After commissioning a first biomass boiler, which will go into operation in May 2021, Solvay is unveiling plans to build a second biomass boiler, which will complete the thermal coal phase-out by 2025 and make Rheinberg the first soda ash plant in the world to be powered primarily by renewable energy. Both biomass boilers use scrap waste wood chips - a mixture of used wood, from industrial residues and demolition - as fuel to produce steam and electricity.
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