World News and Views :: Top of the News
Sinopec’s Chemicals Segment Reports Rise in Operating Profits and Sales
2:17 AM MDT | March 28, 2011 | Deepti Ramesh
Sinopec’s chemicals business posted a 9% increase in operating profit for 2010, to Rmb15.04 billion compared with 2009. Sales by the chemicals business increased about 50%, to Rmb327.6 billion mainly due to “the substantial increase in sales volume and also in sales price,” Sinopec says. Sinopec’s ethylene production in 2010 increased 35% compared with 2009 to 9.05 million m.t. And the company sold 43.5 million m.t. of chemical products in 2010. Sinopec’s production of synthetic resins increased 26% in 2010 compared with 2009, to...
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