in this issue
People & Business :: Companies
Shin-Etsu Records Big Fall in First-Half Profits
5:28 AM MDT | October 26, 2009 | Deepti Ramesh
Shin-Etsu Chemical reported a 65% fall in net profits for the fiscal first half ended September 30, 2009, to ¥35.5 billion, compared with the year-ago period, on sales down 40%, to ¥417 billion. The company’s polyvinyl chloride (PVC) business in Japan continued to be in a severe condition impacted by sluggish demand, and the PVC business in Netherlands was affected by the decline in the European market and the manufacturing plant's periodic maintenance. As a result, the business remained weak. The PVC business in the U.S., however, maintained good...
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