IHS Chemical Week

Regions :: Western Europe

Versalis's operating loss narrows on improved cracker margins

11:34 AM 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?
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