in this issue
World News and Views :: Top of the News
ExxonMobil Chemical earnings fall 21% on lower margins
10:36 AM MDT | November 1, 2012 | Robert Westervelt
ExxonMobil Chemical reported chemical earnings of $790 million, down 21% from the year-ago quarter, due to lower margins. The company says lower margins decreased earnings by $150 million and all other items, mainly unfavorable foreign exchange effects, reduced earnings by $60 million. US chemical earnings were $565 million, up 5% from the year-ago quarter. Non-US chemical earnings fell 53%, to $225 million, ExxonMobil says. Third-quarter prime product sales of 5.95 million m.t were down 4.6%, mainly because of the sale of certain Japanese assets, the...
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