IHS Chemical Week

World News and Views :: Top of the News

Headwinds Hit Momentive Profits

9:10 AM MDT | October 18, 2011 | Rebecca Coons

Both Momentive Specialty Chemicals and Momentive Performance Materials reported preliminary third quarter earnings down from the same period last year, citing economic uncertainty among its customers and tightening credit in China. Momentive Specialty Chemicals is expected to post operating income of $93-$104 million for its fiscal third quarter ended September 30, 44%-50% lower than the same period last year. Sales are expected to be flat at $1.2 billion. "Due to the recent economic uncertainty, we have seen some caution among our customers negatively...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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