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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













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

ihsCopyright © 2012 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