Siam Cement's chemicals business reports fall in profits

SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok) has reported a 30% fall in net profits for the third quarter, ended 30 September 2012, compared with the year-ago period, to 2.27 billion baht ($74 million) mainly due to lower equity income from associate companies. Third-quarter sales increased 7%, to baht52 billion, as a result of higher sales volume, the company says. For the first 9 months of 2012, SCG Chemicals reported a 76% fall in profits, compared with the first 9 months of 2011, to baht2.5 billion. Sales for the 9-month...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

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