Regions :: Western Europe :: Italy
Versalis posts higher fourth-quarter loss on lower sales
10:30 AM MST | February 13, 2014 | Natasha Alperowicz
Versalis (Milan), the chemicals subsidiary of Italy’s energy major ENI (Rome), today reported an increase in fourth-quarter operating loss on lower sales. Full-year 2013 operating loss narrowed compared with 2012 on 9% lower sales. Versalis is currently undergoing a major restructuring of its assets in Italy, including conversion of some of its plants to green chemistry. Fourth-quarter operating loss reached €130 million ($177.1 million) compared with an operating loss of €116 million in the year-earlier period. Sales in the fourth quarter...
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