IHS Chemical Week

Regions :: Eastern Europe :: Poland

Ciech's profits plummet

11:14 AM MDT | May 15, 2014 | Ian Young

Ciech (Warsaw) says that its first-quarter net profit dropped 88% from the corresponding period of last year, to 5.6 million zloty, on sales down 15%, to Zl 845 million. Ebitda declined 11% year on year, to Zl 118 million. The sales decline reflects the divestment of Ciech's phosphorous chemical and chromium chemical plant at Alwernia, Poland, and the termination, because of bankruptcy, of operations at a site at Bydgoszcz, Poland. "Despite a slight improvement in the situation in the chemical industry, the market situation is still very difficult,"...

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