03 May 2012 09:27 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) reported on Thursday a 10% year-on-year increase in its overall April revenues to New Taiwan dollar (NT$) 86.2bn ($2.95bn) despite a 4% fall in petrochemical sales.
Its petrochemical sales totalled NT$24.7bn last month, down from NT$25.8bn in the same period in 2011, according to data posted on the company’s website.
FPCC’s sales of naphtha, meanwhile, surged by 59% to NT$12.4bn in April, it said.
For the first four months of 2012, FPCC’s overall sales rose by 3.5% year on year to NT$316bn, the company added.
($1 = NT$29.2)
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|
Asian Chemical Connections