IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Phenol

Momentive Records Losses on Destocking, Volume Declines

10:22 AM MST | March 2, 2012 | Vincent Valk

Momentive Specialty Chemicals reported a fourth-quarter net loss of $47 million, compared with net income of $53 million in the year-ago period. The company’s revenues fell 2% to $1.15 billion. Operating income tumbled 88%, to $19 million, as volumes fell, especially in high-margin products, and raw material costs rose.   Epoxy, phenolic and coating resins sales fell 4%, to $736 million. Segment Ebitda fell 38%, to $73 million. Forest products resins sales rose 4%, to $417 million. Segment Ebitda was flat, at $39 million. “We believe we’ll...

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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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

 

 

 













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

ihsCopyright © 2014 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