08 February 2011 09:57 [Source: ICIS news]
Sales for the period ending 31 December 2010 increased 20% year on year to Y212.1bn, with operating profit nearly doubling to Y21.9bn from Y11.3bn, the company said.
Operating profit for its basic chemicals segment more than doubled to Y9.76bn from Y4.37bn, partly due to higher export prices of acrylic acid and acrylic ester, Nippon Shokubai said.
Sales of basic chemicals during the period were up 31% year on year to Y112.9bn, the company said.
($1 = Y82.28)
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