IHS Chemical Week

People & Business :: Companies

Momentive Specialty Chemicals' Income Plummets

1:38 PM MDT | August 7, 2012 | Vincent Valk

Momentive Specialty Chemicals reported a second-quarter net income of $28 million, down 56% year-on-year (YOY), on sales down 7%, to $1.3 billion. Income fell due to volume declines, especially in volumes of higher-margin products. High prices partially offset the volume declines.   Epoxy, phenolic, and coating resins sales declined 18% YOY, to $796 million. Segment Ebitda fell 36%, to $101 million. Forest products resins sales were roughly flat, at $463 million. Segment Ebitda was up 12%, to $56 million. The company is expecting “continued...

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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













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

ihsCopyright © 2014 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