IHS Chemical Week

Chemical Week Magazine :: Top of the Week

Earnings Rebound at Most Basic and Diversified Firms

8:28 AM MDT | October 30, 2009 | Nancy Seewald and Rebecca Coons

Basic and diversified chemical firms posted stronger-than-expected earnings in the third quarter, even as sales fell sharply. Cost-cutting actions, as well as lower raw material costs, provided some lift to earnings. Liveris: ‘Pockets of volume growth.’ Dow Chemical reported net income up 45%, to $799 million (63 cts/share), including gains from divestments and losses associated with acquisitions and the extinguishment of debt. Earnings were 24 cts/share excluding those items. The consensus of analysts’ estimates was for 10 cts/share, as...

This information is only available to Chemical Week subscribers.

Username:
Password:

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 © 2014 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