Georgia Gulf's Income Falls on Lower Volumes, Higher Feedstock Costs

Georgia Gulf reported second-quarter net income of $14.6 million, down 32% from the year-ago quarter, on lower results for its aromatics and building products businesses. Sales rose 13%, to $831.7 million. Operating income was $35.5 million, down 6% from the second-quarter of 2010, on lower chlorovinyls sales volumes and higher raw materials costs, Georgia Gulf says.   Operating income in the company’s chlorovinyls segment was up 4% from the year-ago quarter, on sales up 7%, to $323 million, due to higher caustic soda and resin sales prices. However...

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