Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali
Axiall lowers earnings expectations
2:36 PM MDT | July 10, 2014 | Clay Boswell
Axiall (Atlanta) says the extended ramp-up of its PHH vinyl chloride monomer manufacturing facility at Lake Charles, LA, and weakness in building products and aromatics have dampened expectations for the second quarter. The company now expects to report adjusted Ebitda of $125–130 million versus $180 million in the year-ago quarter....
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