IHS Chemical Week

People & Business :: Earnings/Finance

SK Global Chemical reports a slight increase in operating profits

11:17 AM MST | February 4, 2014 | Deepti Ramesh

SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 2.7% rise in operating profits for the fourth quarter of 2013 compared with the year-ago quarter, to 159.9 billion South Korean won ($148 million). Fourth-quarter sales increased 5%, to won2.99 trillion. SK Global Chemical’s overall petrochemical product sales volumes increased to 1.96 million m.t. in the fourth quarter of 2013 from 1.82 million m.t. in the year-ago quarter. Para-xylene volumes increased to 402,000 m.t. in the quarter from 255,000 m.t. in...

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