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Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali
Georgia Gulf's Earnings Rise on Strong Export Volumes and Improved Operating Rates
8:18 AM MDT | November 3, 2010 | Lindsey Bewley
Georgia Gulf posted operating income of $53.2 million, up 38% from the year-ago period, on higher ECU values and higher chlorovinyls and aromatics volumes, partially offset by higher raw materials costs and lower sales volumes in building products. Sales were up 36% from the third-quarter of 2009, to $758 million, on higher sales prices in vinyl resins and caustic soda, as well as higher volumes in all of our aromatics products. Georgia Gulf’s chlorovinyls segment posted operating income of $46.1 million, up 50% from the year-ago quarter, on higher...
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