Asian Companies Report Improved Results

Several major chemical companies have reported improved financial results in the quarter ended March 31, 2011, mainly as a result of increasing demand and healthier global economic conditions. Ambani: Emerging markets led to recovery. Liebelt: Expansion projects moving ahead. Reliance Industries says that net profits for its fiscal fourth quarter ended March 31 increased 14% compared with the same period of the previous year, to about Rs53.7 billion ($1.2 billion). Sales increased 25%, to Rs753 billion. Reliance’s petrochemicals segment recorded an 18% rise...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers