IHS Chemical Week

World News and Views :: Top of the News

Sumitomo Records Rise in Profits and Sales and Asahi Kasei Posts Huge Rise in Earnings

12:32 AM MDT | May 11, 2011 | Deepti Ramesh

Sumitomo Chemical recorded a 66% rise in net profits for the fiscal year ended March 31, 2011, compared with the previous fiscal year, to ¥24.4 billion ($302 million). Sales increased 22%, to ¥1.98 trillion. During the fiscal year, the business conditions for Sumitomo improved modestly, due to an increase in sales of IT-related products, mainly as a result of growth in emerging countries, and an improvement in profit margins in basic chemical and petrochemical products, Sumitomo says. The earthquake that struck Japan on March 11 caused a major disruption...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 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


contact us | about us | privacy policy | sitemap

ihsCopyright © 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