Toronto-Prodded by recent acquisitions, Marsulex inc. reported increases of 57 percent and 58 percent in revenue and gross profits for the third quarter ending Sept. 30, 2006. Third-quarter net earnings were $2.6 million, gross profits $24.8 million, and revenues $68.3 million, versus the year-ago loss of $.9 million, profits of $15.7 million, and revenues of $43.4 million. Marsulex said all business segments generated increases in revenue and profits. Marsulex added that in late August the Fort McMurray, Alberta, facility began production of ammonium sulfate from slurry received from Syncrude. While the plant is still in the commissioning phase, initial product testing has produced satisfactory results. Nine-month net earnings were $8.5 million, gross profits $61.5 million, and revenues $180.2 million, versus the year-ago $1.8 million, $43.8 million, and $118.9 million, respectively.
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