Financial Wire

博禄与万华化学将在中国成立裂解装置及聚乙烯联合装置合资企业

-- 博禄(ADX:BOROUGE)与万华化工集团旗下石化及聚烯烃子公司万荣新材料签署合资协议,将在中国福建省开发一套裂解装置和聚乙烯联合装置。 根据周五发布的消息,这家在阿布扎比上市的石化公司及其中国合作伙伴将各持股50%。该交易尚需获得监管部门批准。

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Asia

Zhejiang Dingli Machinery's Attributable Profit Jumps 17% in 2025

Zhejiang Dingli Machinery's (SHA:603338) attributable profit rose 17% to 1.90 billion yuan in 2025 from 1.63 billion yuan in 2024, according to a Friday filing with the Shanghai bourse.Earnings per share at the aerial work platform manufacturer increased 16% to 3.75 yuan from 3.22 yuan in the previous year.Operating income grew 10% year over year to 8.58 billion yuan from 7.80 billion yuan.Shares decreased 1% during afternoon trading on Friday.

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Equities

ITM Power, Rheinmetall Partner to Deploy Decentralized Fuel Plants for NATO

ITM Power (ITM.L) is teaming up with Rheinmetall (RHM.F) to develop a network of decentralized synthetic fuel production plants for the North Atlantic Treaty Organization armed forces in Europe.Under the Giga PtX project, the British electrolyzer manufacturer and German defence company plan to deploy "several hundred" decentralized production plants across Europe, according to a Friday release. Each plant is expected to have an electrolysis capacity of up to 50 megawatts and a production capacity of 5,000 to 7,000 tonnes of e-fuel per annum.Initial project focus is on the UK.

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Asia

Australian Shares End Slightly Lower; Zip Posts Higher Fiscal Q3 EBTDA, Upgrades Fiscal 2026 Outlook

Australian shares were slightly lower at Friday's close as investors awaited potential ​US-Iran diplomacy over the weekend.The S&P/ASX 200 Index slipped 0.1% or 8.1 points to close at 8,946.90.US President Donald Trump announced a 10-day ceasefire between Lebanon and Israel and said talks between the US and Iran may take place over the weekend. Brent crude oil futures fell over 1% to $98.14 per barrel. Spot gold climbed nearly 1% to $4,830.82 per ounce.On the domestic front, card activity in Australia rose 1.2% over the March quarter, with quarterly momentum subdued and slowing on the 2% average seen over the June, September, and December quarters in 2025, according to a report by Westpac. The Westpac-DataX Card Tracker Index declined 2.2 points over the three weeks to April 11.In company news, Zip (ASX:ZIP) reported Friday fiscal third quarter cash earnings before taxes, depreciation, and amortization (EBTDA) of AU$65.1 million per share, up from AU$46 million a year earlier. The company said it upgraded its fiscal 2026 group cash EBTDA guidance to be no less than AU$260 million.Alcoa (ASX:AAI) reported Friday first-quarter adjusted earnings of $1.40 per share, down from $2.15 a year earlier. The company expects 2026 total alumina segment production and shipments to remain unchanged from its prior projection, ranging between 9.7 million to 9.9 million metric tons, and between 11.8 million and 12 million metric tons, respectively.Lastly, Paladin Energy (ASX:PDN) said it now expects fiscal 2026 triuranium octoxide production of between 4.5 million and 4.8 million pounds, up from previous guidance of 4 million to 4.4 million pounds, from the Langer Heinrich Mine in Namibia. Its shares reached a near two-year peak during the trading session.

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