Regions :: Western Europe :: France
Arkema reports higher third-quarter earnings and sales, confirms guidance
7:32 AM MST | November 8, 2012 | Natasha Alperowicz
Arkema today reported a 6.4% increase in third-quarter group net income, to €116 million ($148.1 million), on 1.2% higher sales, at €1.6 billion, including a 2.8% contribution from the acquisitions of Hipro Polymers and Casda Biomaterials in China, and Seppic’s alcoxylates operation. This was offset by a 2.4% drop in volumes because of a slowdown in some end-markets in September, notably automotive and construction in Europe and photovoltaics in general. Prices declined 4.5%, mainly affecting acrylic acid and fluorinated gases, the company says...
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