18 September 2012 07:17 [Source: ICIS news]
SINGAPORE (ICIS)--Arkema hopes to generate €10bn ($13bn) sales in 2020 and an earnings before interest, tax, depreciation and amortisation (EBITDA) of close to 17% in the same year, the French chemicals firm said on Tuesday.
It has reiterated its financial targets for 2016 – sales at €8bn and an EBITDA margin of 16%, the company said in a statement.
For the current year, the company has confirmed its expectations to achieve an EBITDA of close to €1bn.
Arkema’s acquisition of Hipro Polymers and Casda Biomaterials in ?xml:namespace>
($1 = €0.76)
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