IHS Chemical Week

Regions :: North Asia :: Korea

LG Chem Posts a Decline in Profits

January 31, 2012 | Ian Young

LG Chem reported a 13% decline in net profits for the fourth quarter of 2011, compared with the same period of 2010, to won381.8 billion ($340 million) on sales up 12%, to won5.6 trillion. Operating profits also dropped 10%, to won506.7 billion. LG Chem included the figures in a regulatory filing today. Further details of the fourth-quarter results were not disclosed. LG Chem says it expects earnings to improve in the first quarter of 2012 with higher prices for petrochemicals and improved supply-demand conditions, due partly to planned maintenance turnarounds at...

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