IHS Chemical Week

People & Business :: Companies

Tax Benefit Doubles Celanese's Third-Quarter Earnings

5:17 AM MDT | October 27, 2009 | Kerri Walsh

 Celanese reported third-quarter net income up 153%, to $399 million ($2.53/share), including a $382-million deferred tax benefit. Earnings were 58 cts/share compared to 78 cts/share in the year-ago period excluding the deferred tax benefit and special items related to the divestment of its polyvinyl alcohol (PVOH) business, and acetic acid and vinyl acetate monomer plant closings at Pardies, France. Sales fell 28%, to $1.3 billion because of lower prices for acetyl intermediates and industrial specialty products. Sales also fell because of the divestment of...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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

ihsCopyright © 2015 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