IHS Chemical Week

World News and Views :: Top of the News

Chemtura’s Second-Quarter Loss Narrows, but Sales Dip

12:52 AM MDT | August 11, 2009 | Deepti Ramesh

Chemtura has recorded a net loss of $118 million for the second quarter of 2009, compared with a net loss of $273 million in the year-ago period. The 2009 quarter included impairment charges totaling $97 million, compared with a $320-million in the 2008 quarter. Sales decreased by 33%, to $687 million, on lower sales volumes and unfavorable foreign currency exchange rates, partially offset by higher selling prices. Chemtura’s consumer performance products business posted operating income down 6%, to $30 million, on lower volumes. Operating income in its...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa