Grace sales slide 11% as transportation fuel demand remains depressed

Grace sales slide 11% as transportation fuel demand remains depressed
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

29.10.2020

MOSCOW (MRC) -- W.R. Grace reports third-quarter net income of USD7.0 million, down 87.0% year-on-year (YOY), as weak transportation fuel demand due to the COVID-19 pandemic continues to negatively impact refining catalysts volumes, reported Chemweek. Adjusted earnings of USD0.56/share was 43.8% lower YOY and met the analysts' consensus estimate compiled by Refinitiv (New York). Net sales

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