IHS Chemical Week

People & Business :: Companies

Evonik’s First-Quarter Chemical Sales and Profits Rise

8:05 AM MDT | May 19, 2008 | Kerri Walsh

Evonik’s chemicals business reported first-quarter operating income up 15%, to €300 million ($467 million), on sales up 11%, to €2.9 billion. Unfavorable currency exchange rates and a “sharp hike” in raw material costs were more than offset by higher demand, better capacity utilization, improved selling prices, and the successful restructuring achieved in recent years, the company says. The technology specialties segment’s operating income increased 3%, to €125 million, despite higher raw material costs and the strong euro. Sales rose 18%, to about...

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.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














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

ihsCopyright © 2015 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