in this issue
Chemical Week Magazine :: Business & Finance :: United States/Americas
Huntsman and Hexion Each Narrow Their Third-Quarter Losses
8:37 AM MST | November 21, 2007 | Nancy Seewald
Huntsman and Hexion Specialty Chemicals each narrowed their losses as shown in their separate earnings reports for the third quarter, compared to the year-ago period. The two companies are expected to close their $10.6-billion merger in the first quarter of 2008 (CW, July 18, p. 7). Huntsman reported a net loss of $150 million, compared to a net loss of $182.3 million in the year-ago period. Adjusted net income from continuing operations fell 13%, to $61.1 million (26 cts/share). Adjusted Ebitda from continuing operations fell 3%, to $223 million, primarily due...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee