OxyChem's Earnings Fall in Third Quarter

OxyChem, the chemicals business of Occidental Petroleum, reported third-quarter earnings of $72 million, down 67% from the year-ago period, on sales down 42%, to $842 million. “Continued weakness in the U.S. housing, automotive and durable goods sectors resulted in lower volumes for chlorine, caustic soda and polyvinyl chloride,” OxyChem says. However, the lower volumes were partially offset by lower feedstock and energy costs, the company...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers