IHS Chemical Week

World News and Views :: Top of the News

Sinopec’s chemicals segment reports huge fall in profits

6:55 AM MDT | April 29, 2013 | Deepti Ramesh

Sinopec’s chemicals segment posted an 87.4% fall in operating profits in the first quarter of 2013, to 164 million renminbi ($26.6 million), compared with the year-ago quarter. Sales for the segment were not disclosed. The business environment for chemical products was difficult during the first quarter as a result of sluggish demand, the high price of feedstock, and declining product prices, Sinopec says. Sinopec’s ethylene production decreased 0.5% in the first quarter, to 2.44 million m.t., and production of plastics decreased 1%, to 3.39 million...

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.



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