March 27, 2017 1:24 AM ET

Chemicals

Company Overview of Haldor Topsøe A/S

Company Overview

Haldor Topsøe A/S develops, tests, manufactures, and sells catalysts, equipment, spare parts, and consumables. The company offers catalyst for various processes; and equipment, which include steam reformers, burners, boilers, reactors, reactor internals, and mixers. It designs, engineers, and licenses a range of processes for chemical processing, including ammonia, dimethyl ether, formaldehyde, gasoline synthesis, hydrogen, methanol, SNG, sulfuric acid, and syngas; hydro-processing, such as diesel, kerosene, naphtha, resid, and VGO; and emissions management, which include NOx and CO removal, particulate filtration, sulfur removal, and VOC removal. The company also provides business, engineer...

Haldor Topsøes Allé 1

Kongens Lyngby,  2800

Denmark

Founded in 1940

2,543 Employees

Phone:

45 45 27 20 00

Fax:

45 45 27 29 99

Key Executives for Haldor Topsøe A/S

Chief Executive Officer and President
Age: 64
Chief Financial Officer and Executive Vice President
Age: 49
Chief Strategy Officer and Executive Vice President
Age: 73
Executive Vice President of Environmental Business Unit
Age: 55
Executive Vice President of Refinery Business Unit
Age: 49
Compensation as of Fiscal Year 2016.

Haldor Topsøe A/S Key Developments

Haldor Topsøe A/S Announces Earnings Results for the Full Year of 2016; Provides Earnings Guidance for the Full Year of 2017

Haldor Topsøe A/S announced earnings results for the full year of 2016. For the year, the company reported revenues of DKK 5,824 million compared with DKK 5,785 million for the same period a year ago. EBITDA was DKK 1,050 million compared with DKK 795 million for the same period a year ago. EBIT was DKK 743 million compared with DKK 502 million for the same period a year ago. Net profit was DKK 492 million compared with DKK 322 million for the same period a year ago. Cash flow from operating activities was DKK 748 million compared with DKK 750 million for the same period a year ago. Investments in property, plant and equipment was DKK 393 million compared with DKK 589 million for the same period a year ago. Net interest bearing debt was DKK 1,191 million compared with DKK 1,152 million for the same period a year ago. Return on equity was 23.2% compared to 16.8% for the same period a year ago. For 2017, the company expects revenue to be in line with or slightly above 2016 revenue and that 2017 profitability (EBIT margin) will be lower compared to 2016, mainly because of the onetime impact of restarted contracts in 2016.

Haldor Topsøe A/S, Annual General Meeting, Mar 21, 2017

Haldor Topsøe A/S, Annual General Meeting, Mar 21, 2017. Location: Haldor Topsøes Allé 1 2800 Kgs. Lyngby Denmark Agenda: To consider election of the chairman; to consider report by the board of directors on the company’s activities during the past financial year; to consider submission for adoption of the annual report; to consider resolution on appropriation of profits in accordance with the approved annual report; to consider election of members to the board of directors; to consider election of auditors; and to consider any other business.

Grannus Selects Haldor Topsoe for Technology and Services at California Environmentally Sustainable Ammonia Plant

Grannus, LLC announced that Haldor Topsoe will license technology and provide engineering services for the production of ammonia at its regional-scale advanced plant to be built in Kern County, CA. The Grannus plant features a patented, ultra-low NOx emission natural gas to ammonia process. Haldor Topsoe will license its ammonia loop, shift catalyst and sulfur guard technologies for the production of high purity ammonia. In addition, Haldor Topsoe will prepare process design packages (PDPs) for the hydrogen to ammonia process.

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