in this issue
People & Business :: Companies
Base Chemicals Drive Down Total's Chemical Results
3:51 AM MST | February 11, 2010 | Kerri Walsh
Total chemical segment net operating earnings tumbled 59% in the fourth quarter because of "weaker market conditions for base chemicals." Chemical segment earnings were €72 million ($106 million), on sales down 2%, to €3.9 million. The base chemicals division reported a net operating loss of €16 million, on sales down 2%, to €2.4 billion. Net operating profit from the specialties business jumped 69%, to €93 million, on sales down 1%, to $1.5 billion. Total's specialties business is made of adhesives, electroplating...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee