IHS Chemical Week

Regions :: Southeast Asia :: Thailand

PTTGC reports higher sales and profits, earnings hurt by drop in para-xylene prices

10:24 AM MDT | August 6, 2014 | Natasha Alperowicz

PTT Global Chemical (PTTGC; Bangkok) today reported a 46% increase in second-quarter net profit, to 6.09 billion Thai baht ($188.8 million) on 36% higher revenues of baht152.4 billion. Ebitda was down 9%, to baht10.5 billion, and Ebitda margin declined from 10% in the second quarter of 2013 to 7% in the latest quarter. The company cites improved utilization rates in the refinery and olefins and olefins and derivatives businesses. Refining accounts for 46% of sales, olefins and derivatives 23%, aromatics 19%, and green chemicals 6%.   A significant drop in...

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.



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