IHS Chemical Week

Regions :: North America :: Canada

Pricing Gains Boost Nova's Second-Quarter Profits

8:21 AM MDT | August 11, 2011 | Nancy Seewald

 Nova Chemicals reported second-quarter income of $225 million, an almost five-fold increase from the same period last year, primarily due to higher margins. Sales rose 12%, to $1.4 billion.   Profits in each reporting segment rose on higher selling prices, which offset rising raw material costs. Nova’s olefins/polyolefins segment reported operating profit of $367 million, up 45% from the year-ago quarter. Increased margins were offset somewhat by lower sales volumes, Nova says.   Its performance styrenics unit posted operating profit from...

This information is only available to Chemical Week subscribers.

Username:
Password:

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