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Chemical Week Magazine :: Newsbriefs
Indian Petrochemicals Reports Gain
10:08 AM MDT | July 25, 2007 | Chemical Week Editorial Staff
Ambani: IPCL posts earnings gain. Indian Petrochemicals (IPCL; Vadodara) reported earnings up 40%, to $91.2 million, for its fiscal third quarter ended December 31, 2006. Sales were up 10%, to $704 million. “Despite a challenging environment, improvement in performance was achieved primarily through better productivity and reduction in costs, thereby enhancing value for our shareholders,” says Mukesh Ambani, IPCL...
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