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World News and Views :: Projects

April 7, 2008

Sumitomo Cuts Earnings and Sales Forecasts; Adds PP Compounds in Asia, Mideast

Ian Young and Deepti Ramesh

Sumitomo Chemical has revised its net profits projection for the fiscal year ended March 31, 2008 from ¥85 billion ($852 million), to ¥65 billion. The company also revised its operating profits forecast for the same period from ¥120 billion, to...

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