in this issue
World News and Views :: Top of the News
Eni Reports Deeper Operating Losses in Petrochemicals
February 15, 2012 | Sotirios Frantzanas
Eni (Rome) says operating losses at its petrochemical business more than doubled in the fourth quarter of 2011, to €154 million ($202 million) compared with €74 million in the year-ago quarter. Sales of petrochemical products were down by approximately 9%, to €1.34 billion including 9.6% and 9.9% decreases in basic petrochemical and polymer sales, to €586 million and €695 million, respectively, Eni says. Eni's petrochemical production declined 17.6% in the fourth quarter, to approximately 1.4 million m.t. compared with approximately 1.7...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee