in this issue
Regions :: North Asia :: Japan
Mitsui Chemicals swings to profit
12:20 PM MDT | August 1, 2013 | Deepti Ramesh
Mitsui Chemicals posted net profits of ¥4.7 billion ($48 million) in its fiscal first quarter, ended 30 June, compared with a net loss of ¥2.2 billion in the year-earlier quarter, on sales up 3%, to ¥363.1 billion. Sales increased because of the rise in selling prices of products in response to an increase in the price of naphtha and other raw materials as well as the weaker Japanese currency, Mitsui says. Earnings improved partly because of better trading conditions in the company's petrochemicals business and higher sales volume in the functional...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee