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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

May 19, 2008

First-Quarter Earnings Fall at Total, Rhodia, and Solvay

Kerri Walsh and Ian Young

Rhodia, Solvay, and Total posted declines in first-quarter net income, mainly because of higher raw material costs and unfavorable currency exchange rates. Selling price hikes were not enough to offset rising cost in all markets, producers say. Total...

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