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Chemical Week Magazine :: Business & Finance :: United States/Americas

March 17, 2008

Hexion’s Loss Widens on High Raw Material Costs

Michelle Bryner

Hexion Specialty Chemicals posted a net loss of $63 million for fourth-quarter 2007, compared with a net loss of $55 million in the year-ago period, on sales up 13%, to $1.48 billion. Operating income decreased 64%, to $21 million. Ebitda increased 2% to $125...

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