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DSM, Borealis post higher fourth-quarter profits

7:49 AM MST | February 28, 2014

DSM reports a 44% increase in fourth-quarter 2013 net profit from continuing operations before exceptional items, to €101 million ($139 million), on sales up 5%, to €2.22 billion. The company says that all of its clusters delivered a solid performance in the quarter despite negative exchange-rate effects. DSM earlier announced preliminary fourth-quarter results (CW, Feb. 17/24, p. 15)....

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