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... European Third-Quarter Chemical Earnings Are Mixed

12:12 PM MST | November 7, 2007 | Chemical Week Editorial Staff

Mixed Output* (in millions of dollars) Company Sales % change Earnings % change BASF1 $20,123 5% $1,748 98% Solvay 3,459 4 336 25 ICI 2,621 5 203.8 -41 Kemira 1,052 16 76.3 12 Merck KGaA2 777 8 -- -- *Third-quarter sales and earnings. 1) Earnings include a tax benefit. 2) Chemical sales only. Source: Company reports. ICI’s net income including special items fell about 41%, to £98 million ($204 million), on sales from continuing operations up 5%, to £1.26 billion. “The third quarter was particularly strong with good underlying sales...

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