Ecoslops S.A. reported earnings and production results for the first half ended June 30, 2018. For the period, the company reported LBITDA of EUR 710,000 compared to EUR 74,000 a year ago. The group's turnover reached EUR 2.6 million compared with EUR 2.9 million in the first half of 2017 (including EUR 1.4 million and EUR 1.8 million in hydrocarbon sales respectively). This decrease is explained by the unavailability of the P2R unit during the first three months of the half-year. Indeed, as announced, Ecoslops took advantage of this period to make technical improvements to treat residues with low flash point.

For the half-year, 6,080T were produced compared to 11,700T in 2017.

For the year 2018 as a whole, the estimated production in Sines should be around 19,000T, thus limiting the impact of the first quarter shutdown (equivalent to around 6,000T). Under these conditions, sales would be up over the full year 2018 compared to last year.