26 July 2012 14:01 [Source: ICIS news]
HOUSTON (ICIS)--ExxonMobil's second-quarter chemical earnings rose 9.7% year on year, mainly because of a gain from restructuring the company's business in ?xml:namespace>
Excluding that gain, the chemical segment's underlying performance weakened because of lower margins and volumes.
ExxonMobil's chemical earnings for the three month ended 30 June were $1.449bn (€1.188bn), compared with $1.321bn in the 2011 second quarter.
Under the restructuring in
Overall, ExxonMobil reported a 49% year-on-year increase in second-quarter earnings to $15.91bn, mainly because of a net gain of $7.5bn associated with divestments and the restructuring in
($1 = €0.82)
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