Asian chemical companies report mixed financial results

Leading Asian chemical companies reported mixed financial results for the quarter ended 30 September 2012. SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy; Indorama Ventures (Bangkok); SCG Chemicals, the chemical subsidiary of Siam Cement Group (Bangkok); and Tata Chemicals (Mumbai) reported falls in profits. PTT Global Chemical (Bangkok), Thailand’s largest integrated petrochemical and refining company; and Songwon Industrial (Ulsan, Korea) recorded higher profits, however. Park: Polymer stabilizers business is a...

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