IHS Chemical Week

Regions :: North America

Earnings Rise for OxyChem

1:33 PM MDT | October 27, 2011 | Lindsey Bewley

OxyChem, the chemicals business of Occidental Petroleum, reported third-quarter net income of $245 million, up 30% from the year-ago quarter. Sales were up 17%, to $1.23 billion. The improvement in third quarter results on a year-over-year basis reflects higher pricing across most product lines, which more than offset higher feedstock costs, OxyChem...

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