12 May 2011 22:40 [Source: ICIS news]
HOUSTON (ICIS)--TPC Group’s first-quarter net income almost tripled to $11.4m (€8.0m) as sales rose by 39% year on year, largely driven by high butadiene (BD) prices and demand, the US chemicals producer said on Thursday.
TPC’s sales for the three months ended 31 March were $555.6m, up from $400.7m in the 2010 first quarter.
($1 = €0.70)
For more on TPC Group and other producers visit ICIS company intelligence
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|