IHS Chemical Week

Markets :: Basic Chemicals :: Inorganic Chemicals :: Silicones

Momentive Swings to Profit in Fourth Quarter

10:16 AM MST | January 22, 2010

Momentive Performance Materials reported preliminary operating income of $50 million-$60 million in fourth-quarter 2009, compared with a loss of $933.2 million in the year-ago period. Sales are expected to be about $600 million-$610 million, compared with $545.3 million in the year-ago quarter. “Demand in the fourth quarter continued to improve on a sequential basis, in line with our previous guidance, but remained well below normalized historical levels,” says president and CEO Jonathan Rich. “Our strong year-over-year fourth quarter...

This information is only available to Chemical Week subscribers.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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