IHS Chemical Week

Regions :: Southeast Asia :: Indonesia

Titan Chemicals Reports Fall in Profits

2:10 AM MDT | April 28, 2010 | Deepti Ramesh

Titan Chemicals (Kuala Lumpur) recorded a 22% fall in first-quarter net profits, to RM104 million ($33 million), compared with the year-ago period. Sales for the quarter increased by 48%, to RM1.67 billion, mainly due to an increase in the average selling price of polyolefin products by 48%, and olefin and derivative products by 129%. Profits for the quarter decreased however, due to the rise in the price of naphtha, which resulted in lower profit margins, Titan says. “In view of the improved economic climate, we expect demand for polyolefin products in...

This information is only available to Chemical Week subscribers.


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 © 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