IHS Chemical Week

SK Global Chemical reports huge fall in operating profits

11:43 AM MDT | July 25, 2014

SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 77.2% fall in operating profits for the second quarter of 2014 compared with the year-ago quarter, to 51 billion South Korean won ($49.7 million). Second-quarter sales increased 3.9%, however, to won3.26 trillion. Operating profit decreased because of lower margins in aromatics products, SK Innovation...

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