IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

Integrated oil firms post strong chemical earnings on margin expansion, volume growth

8:43 AM MST | February 8, 2013

Higher margins and volumes lifted oil companies’ chemical operations during the quarter ended 31 December 2012. ExxonMobil Chemical reports chemical segment earnings up 76% year-on-year, to $958 million. Higher margins, mainly for commodity products, contributed $330 million of the $415-million increase, the company says. Prime product sales, however, fell 370,000 m.t., to 5.9 million m.t., largely the result of downstream restructuring in Japan. OxyChem says its fourth-quarter chemicals earnings were up 19%, to $180 million, on higher export volumes for...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa