EMV Capital buys Rotterdam plastics plant; Pantheon sees 25% Kodiak uplift

IndustryCommodityCorporate Action
โดย Proactive Investors·GB·Read original
Summary · why it matters

EMV Capital has acquired a Rotterdam plastics recycling plant for an undisclosed price through its new subsidiary Winalot, with plans to retrofit new technology and restart operations within around 18 months. Pantheon Resources said new seismic work could lift its Kodiak oil resource estimate by at least 25%, with ten parties still active in the data room as farm-out talks continue. MP Evans Group said its rising palm oil harvest carried into the second half after a record first half, with gross profit up 25% and the interim dividend up 39%. Cerillion warned full-year revenue will fall short of expectations after customer orders were delayed, guiding to between £46 million and £48 million. Hardide landed a first production order worth around $1.9 million for its new second-generation components from a North American energy sector customer, while Touchstone Exploration mobilised a rig for a two-well drilling campaign at its WD-4 block in Trinidad, with gas output at its Cascadura field also climbing steadily.

Impact on stocks 6

Energy · 2 stocks
Pantheon Resources
PANR
▲ PositiveSupplyrelevance

New seismic work could lift its Kodiak oil resource estimate by at least 25%, with ten parties active in farm-out data room.

Touchstone Exploration Inc
TXP
▲ PositiveDemandrelevance

Mobilised a rig for a two-well drilling campaign at WD-4 block, with Cascadura gas output climbing steadily.

Cloud & Digital Infrastructure · 1 stocks
Cerillion PLC
CER
▼ NegativeDemandrelevance

Full-year revenue to fall short after customer orders were delayed, guiding to £46-48m.

Financials · 1 stocks
EMV Capital plc
EMVC
▲ PositiveCapitalrelevance

Acquired a Rotterdam plastics recycling plant via new subsidiary Winalot, planning to retrofit and restart within ~18 months.

Semiconductors · 1 stocks
Hardide PLC
HDD
▲ PositiveDemandrelevance

Landed a first production order worth ~$1.9m for its new second-generation components from a North American energy customer.

Others · 1 stocks