Nuplex Industries (NPX) will go ex dividend on 24/9/2012. The current dividend payment is 11 cents and it is 0% franked. The record date is 28/9/2012 and the dividend will be paid on 12/10/2012. Based on the full year payment the dividend yield is 7.1%.
*Current Yield: 4.4% Franking: 0% DRP Discount: 0%
*Yield has been calculated on the closing price on the 13/9/2012. Current yield is based on the current dividend payment only.
Nuplex Industries (NPX) will go ex dividend on 13/3/2012. The current dividend payment is 6.6 cents and it is 50% franked. The record date is 19/3/2012 and the dividend will be paid on 2/4/2012. Based on the full year payment the dividend yield is 7.1%.
*Current Yield: 3.4% Franking: 50% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 3/3/2012. Current yield is based on the current dividend payment only.
Nuplex Industries (NPX) announced it has entered into a binding agreement to acquire Viverso GmbH, its related operations and product groups from Bayer Material Science (BMS) for €75 million. Viverso manufactures resins used in coatings and putties from its world class, state-of-the-art facility located in Bitterfeld, Germany. A strategic, bolt-on acquisition that will be earnings accretive in this financial year
Nuplex CEO, Emery Severin said: “This is a very attractive opportunity for Nuplex and consistent with our strategy to establish leading market positions through value accretive, bolt-on acquisitions. Being a focused, independent resins business, Viverso’s complementary operations are a natural fit with our own European operations. “The combination of Viverso with Nuplex’s European operations will deliver a number of benefits and will result in Nuplex becoming a top four resins manufacturer in the region. “Viverso further strengthens a number of our leading market positions in Europe, particularly in the industrial coatings markets. It also expands our product range and include; Viverso’s environmentally friendly, solvent free, water resistant resins used in construction coatings; resins for putties used in vehicle refinish; and resins offering unique chemical resistance and high temperature performance. We see opportunities to leverage these new products across our global operations. “We will also enter into a range of contracts from 2 to 10 years in length, to toll manufacture specialty, trademarked products for Bayer.
Under the agreement, Nuplex will pay €75 million for Viverso GmbH, its operations, working capital and additional products also manufactured at Bitterfeld. The price paid is equivalent to 6.5 times annual, pro-forma EBITDA. In FY2012, Viverso is expected to be earnings per share accretive for Nuplex shareholders. Earnings are expected to grow in coming years as synergies are realised. The acquisition will be 100% debt funded. To facilitate the transaction, Nuplex has secured an additional facility of AUD100 million to increase its total debt facilities from AUD200 million to AUD300 million, and is exploring options to convert some of it into long term debt via the US private placement market.
Nuplex Industries Limited is a leading global manufacturer of polymer resins with operations in ten countries on four continents and sells its products in over 80 countries. Polymer resins are essential ingredients in a wide range of products used every day, from basic necessities, through consumer durables to luxury goods. Nuplex also distributes raw materials to a wide cross section of industries in Australia and New Zealand including the chemical, plastics, general industrial, food and pharmaceutical sectors.
http://www.traderdealer.com.au/Fundamentals/NPX
Nuplex Industries (NPX) confirmed that following regulatory clearance from the Australian Competition and Consumer Commission, it will proceed with the acquisition of Acquos’s Masterbatch business for A$23.5 million. Acquos Masterbatch manufactures additives (known as ‘masterbatch’) that colour and enhance the performance of plastics used in consumer packaging as well as industrial and agricultural applications such as wire coatings and plastic sheeting. Acquos Masterbatch is complementary to Nuplex’s existing Australasian masterbatch business, Culamix, and will add new colour technologies and the capability to manufacture black masterbatch. The two operations will be combined to form Nuplex Masterbatch, which will be the leading masterbatch supplier to the Australian and New Zealand plastics industry. Nuplex also has a masterbatch business in Vietnam.
Emery Severin, CEO of Nuplex said “One key element of our growth strategy is to seek out value adding bolt-on acquisitions in our established markets. Acquos Masterbatch is a good example of this strategy in action. It meets our disciplined bolt-on acquisition criteria of building market leading positions, delivering upfront earnings momentum and generating additional synergies over time.”
Nuplex Industries Limited is a leading global manufacturer of polymer resins with operations in ten countries on four continents and sells its products in over 80 countries. Polymer resins are essential ingredients in a wide range of products used every day, from basic necessities, through consumer durables to luxury goods. Nuplex also distributes raw materials to a wide cross section of industries in Australia and New Zealand including the chemical, plastics, general industrial, food and pharmaceutical sectors.
http://www.traderdealer.com.au/Fundamentals/NPX
Nuplex Industries (NPX) announced that it has formed a joint venture company with RPC Technologies to acquire Fibrelogic Pipe Systems for A$26 million, subject to final completion. This represents a 3.5x average historical enterprise value to EBITDA multiple and Nuplex expects its share will make a small positive contribution to its 2012 financial year earnings per share.
Emery Severin, CEO of Nuplex said “When our composites business was assessed as part of our recent group wide strategy review, opportunities for growth were examined. “Fibrelogic presented such an opportunity as it manufactures high quality, technically advanced large diameter, continuous wound glass reinforced plastic (GRP) pipes used in water reticulation, infrastructure and mining applications – all industries with attractive long term growth prospects in Australia. “The JV brings together RPC Technologies’ engineering and project management expertise and our own world class resin technologies and processes. With this combination, Fibrelogic will continue to secure its position as Australia’s leading GRP pipe manufacturer. “This opportunity supports our composites business as it will benefit from a long term supply agreement with the JV. The recently announced restructure of these operations involving the consolidation of the three brands into one is progressing well” said Mr Severin.
Nuplex Industries Limited is a leading global manufacturer of polymer resins with operations in ten countries on four continents and sells its products in over 80 countries. Polymer resins are essential ingredients in a wide range of products used every day, from basic necessities, through consumer durables to luxury goods. Nuplex also distributes raw materials to a wide cross section of industries in Australia and New Zealand including the chemical, plastics, general industrial, food and pharmaceutical sectors.
Nuplex Industries (NPX) will go ex dividend on 11/3/2011. The current dividend payment is 6.3 cents and it is 50% franked. The record date is 18/3/2011 and the dividend will be paid on 1/4/2011. Based on the full year payment the dividend yield is 5.7%.
*Current Yield: 2.6% Franking: 50% DRP Discount: 0%
*Yield has been calculated on the closing price on the 27/2/2011. Current yield is based on the current dividend payment only.
Nuplex Industries (NPX) will go ex dividend on 27/9/2010. The current dividend payment is 7.6 cents and it is 40% franked. The record date is 1/10/2010 and the dividend will be paid on 8/10/2010. Based on the full year payment the dividend yield is 5.4%.
*Current Yield: 2.9% Franking: 40% DRP Discount: 0%
*Yield has been calculated on the closing price on the 13/9/2010. Current yield is based on the current dividend payment only.
Nuplex Industries (NPX) will go ex dividend on 12/3/2010. The current dividend payment is 6.7 cents and it is 80% franked. The record date is 18/3/2010 and the dividend will be paid on 1/4/2010. Based on the full year payment the dividend yield is 3.9%.
*Current Yield: 2.5% Franking: 80% DRP Discount: 0%
*Yield has been calculated on the closing price on the 26/2/2010. Current yield is based on the current dividend payment only.
