IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Asia/Pacific

Indorama Reports Fall in Quarterly Profits, Citing Slowdown in Asia

5:33 AM MDT | August 31, 2012 | —Deepti Ramesh

Lohia: Extreme volatility in last year. Indorama Ventures (Bangkok) reported a 50.6% fall in net profits for the second quarter of 2012 compared with the year-ago period, to $39 million. Second-quarter sales increased 2.9%, to $1.74 billion. “The last 12 months have witnessed extreme volatility that closely shadows what we experienced in the second half of 2008,” says Aloke Lohia, CEO of Indorama. “There was a considerable squeeze in inventory across the industry then, which led to a total collapse of commodity prices—and we have seen it...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa