World News and Views :: Top of the News
Showa Denko Swings to Profit; to Expand Graphite Electrode Capacity in U.S.
2:03 AM MST | February 9, 2011 | Deepti Ramesh
Showa Denko has recorded a net profit of ¥12.7 billion ($155 million) for 2010, compared with a net loss of ¥38 billion in 2009. Sales for 2010 increased by 17.5%, to ¥797 billion, compared with 2009. Showa Denko’s petrochemicals segment recorded a 16% rise in sales in 2010, to ¥274 billion, compared with 2009. The operating profits for the segment however decreased by 39%, to ¥4.87 billion. Production of ethylene and propylene decreased in 2010, reflecting the shutdown for maintenance at plants, which take place once every four years...
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