Regions :: Western Europe :: Germany
Chemical Industry Weekly News Round-Up, Sept. 30
2:58 PM MDT | September 30, 2011 | Vincent Valk
This Week on CW: Cefic has revised its forecast for EU chemicals production growth downards, to 2.5%. Third-quarter growth is expected to fall “markedly,” though temporarily, Cefic says. Early third-quarter earnings were mixed. Mosaic’s profit rose 77%, but the company misses estimates by 10 cts/share. Meanwhile, Omnova’s adjusted income fell 40%, though the company beat estimates by 9 cts/share. A U.S. district court has denied EPA’s motion to stop environmental groups from challenging the agency’s delay...
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