in this issue
People & Business :: Companies
ExxonMobil first-quarter chemical earnings jump 62%
10:18 AM MDT | April 25, 2013 | Clay Boswell
ExxonMobil on Thursday reported a 62% year-over-year (YOY) increase first-quarter chemical segment earnings. Chemical earnings of $1.1 billion were $436 million higher than the first quarter of 2012, the company says. US earnings increased 74%, to $752 million, while non-US earnings increased 44%, to $385 million. Higher margins, mainly in commodities, increased earnings by $320 million, while other items, including gains on asset sales, contributed another $120 million. Chemical prime product sales fell 7% YOY to 5.9 million m.t. due mainly to restructuring...
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