in this issue
People & Business :: Companies
Oxea's earnings rise on high sales volumes, new production
4:11 PM MST | February 25, 2013 | Lindsay Frost
Oxea, a global supplier of oxo intermediates and oxo derivatives, reported strength in sales and earnings for fourth-quarter 2012, partially due to new production units on stream. Net income grew 56%, to €14 million ($18.6 million) year-on-year (YOY) due to a higher operating profit and lower net financial expense, the company says. Sales were up 4%, to €342.9 million YOY on higher volumes—with the majority of sales coming from Europe. Gross profit increased 38%, to €47 million, mainly due to higher sales and improved margins, the company...
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