IHS Chemical Week

World News and Views :: Top of the News

Sinopec’s Chemicals Business Swings to an Annual Operating Profit

7:54 AM MDT | March 29, 2010 | Deepti Ramesh

Sinopec’s chemicals business posted an operating profit of Rmb13.6 billion ($2 billion) for 2009, compared with an operating loss of Rmb12.9 billion in 2008. Sales for the chemicals business decreased by about 14%, to Rmb218.5 billion, compared with 2008, mainly due to the “the dramatic drop in chemical product sales prices,” Sinopec says. Sinopec’s ethylene production in 2009 increased by 6.7% to 6.7 million m.t., compared with 2008, and the company sold 40.8 million m.t. of chemical products in 2009. Sinopec says that in 2009, it made...

This information is only available to Chemical Week subscribers.


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 © 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