IHS Chemical Week

Markets :: Plastics :: Polypropylene

Ineos Reports Higher Second-Quarter Ebitda on Strong Demand

7:32 AM MDT | July 26, 2010 | Natasha Alperowicz

Ineos Group Holdings (Lausanne) reported historical cost Ebitda (HC Ebitda) for the second quarter of 2010 of €478 million ($616.5 million), compared to €352 million in the second quarter of 2009. The result was down on the €494 million HC Ebitda achieved in the first quarter of this year, however. Combined replacement cost Ebitda (RC Ebitda) for refining and HC Ebitda for chemicals was €496 million for the quarter, compared  to €239 million for the second quarter of 2009 and €474 million for the first quarter of this year...

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