in this issue
Regions :: Western Europe
Versalis's operating loss narrows on improved cracker margins
1:14 PM MDT | October 30, 2013 | Ian Young
Versalis (Milan), the chemicals subsidiary of ENI (Rome), posted a €111-million ($153 million) adjusted operating loss in the third quarter compared with a €173-million adjusted operating loss in the corresponding period of last year. Sales declined 12% year-on-year (YOY), to €1.45 billion. Versalis's production also declined YOY, to 1.43 million m.t., from 1.48 million m.t. The narrower operating loss reflects an improvement in steam cracking margins "from the particularly depressed level of 2012," Versalis says. This was partly...
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