in this issue
Chemical Week Magazine :: Basic Chemicals & Plastics
9:19 AM MDT | July 30, 2007 | Peck Hwee Sim
Earnings Stay Close to Peak The petrochemical market has been surprisingly resilient in the past year, driving up earnings after a brief retreat in 2005. Tight markets in several products allowed producers to raise prices faster than cost increases, and earnings improved as a result. Ebit for the global basic chemicals and plastics industry turned up more than 10% last year, to around $134/m.t. in 2006, and are expected to stay at similar levels this year, says CMAI (Houston). “We have 2007 operating profit below 2006, but not as far below as previously...
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