IHS Chemical Week

World News and Views :: Top of the News

Momentive Specialty Chemicals Returns to Profit; Performance Materials Still in the Red

9:49 AM MDT | May 13, 2011 | Nancy Seewald

Momentive Specialty Chemicals reported first-quarter net income of $63 million, compared with a loss of $7 million in the same period last year. The company cites higher volumes, improving margins, and ongoing productivity programs. Sales rose 27%, to $1.4 billion, on volume gains and higher selling prices. “Strong performance in our specialty products, including oilfield proppants and Versatic acids and derivatives, as well as continued year-over-year gains in our base epoxy resins drove the significant increase in sales and segment Ebitda in the first...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













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

ihsCopyright © 2014 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