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Finland's Kemira swings to €9.3m Q4 net profit
LONDON (ICIS news)--Kemira recorded a 2009 fourth-quarter net profit of €9.3m ($12.7m), compared with a €68.5m loss in the same period of last year, supported by lower variable and fixed costs and higher sales prices, the Finnish chemical company said on Tuesday.
Kemira's revenue for the fourth quarter of 2009 decreased by 5.2% to €594.7m compared with the corresponding period in 2008, as demand weakened in several customer industries.
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INSIGHT: Lyondell's path out of bankruptcy rests on Feb hearings
"One court document implies a mid-year exit, based on a 20 May deadline to have the court confirm its reorganisation plan." more
VIDEO – ICIS news Americas Lunchtime Bulletin 9 February 2010
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Paul Hodges monitors links between the economy and the chemical industry
ICIS Chemicals and the economy