in this issue
People & Business :: Companies
Polimeri Europa Narrows Losses on Increased Sales Volumes
5:20 AM MDT | July 28, 2010 | Natasha Alperowicz
Polimeri Europa (Milan), an ENI subsidiary, has narrowed its net loss in the second quarter of this year by close to 80% to €23 million ($30 million), compared to €114 million in the second quarter of 2009. Improvements were driven by better operating performance, up €135 million and €187 million in the second quarter and the first half of 2010, respectively, due to increased sales volumes, which went up by 11% and 17% respectively, and cost efficiencies. Profitability continued to be negatively impacted by high petrochemical feedstock costs...
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