Marsulex earnings up 212 percent

Toronto-Marsulex Inc. reported a 212 percent increase in net earnings, to C$5.3 million ($.16 per basic share) on revenues of $65 million for the second quarter ending June 30, versus the year-ago $1.7 million ($.05 per share) on sales of $40.8 million. Six-month net earnings were $5.9 million ($.18 per share) on sales of $111.9 million, up from the year-ago $2.8 million ($.09 per share) and $75.6 million, respectively. Marsulex cited recent acquisitions as helping to boost results, including the April acquisition of petroleum coke assets of Oxbow Industrial Services LLC.