IHS Chemical Week

Arch’s Second-Quarter Earnings Dip

1:17 PM MDT | August 8, 2011

Arch Chemicals reported second-quarter net income from continuing operations of $37.4 million, down 14% from the same period last year. Sales were essentially flat at $443.8 million. Earnings were “significantly impacted” by lower-than expected results in the company’s HTH water products business, stemming from the postponement by one “mass retail customer” of purchases from the second quarter to the third. “To a lesser extent, increased costs and unfavorable weather patterns in the early part of the pool season, principally in the Northeast and...

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