01 November 2011 12:33 [Source: ICIS news]
Sales were up 24% to $968.4m, largely on higher prices, the company said.
However, olefins segment income fell in the third quarter to $105.4m year on year from $136.1m, mainly because of higher feedstock costs and lower operating costs, the company added.
“Vinyls margins have improved over last year as a result of higher prices for PVC resin and PVC pipe and improved export demand for PVC resin,” CEO Albert Chao said.
($1 = €0.72)
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