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Diversified chemicals see Q2 sales increase ... but not back to 2008 levels.(FiSolvay S.A. (Brussels, Belgium)nancial analysis)

Publication: Chemistry and Industry
Publication Date: 12-OCT-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Diversified chemicals see Q2 sales increase ... but not back to 2008 levels.(FiSolvay S.A. (Brussels, Belgium)nancial analysis)(BASF AG)(AkzoNobel)(Financial report)

Article Excerpt
Most diversified chemicals producers saw sales increase in Q2 2009 versus Q1 2009, but most remained significantly below the levels of 2008.

AkzoNobel's net income, reported at 155m [euro], almost matched that of a year ago and was a huge improvement on the 7m [euro] loss recorded in the first quarter. Innovation, margin management and cost reductions gave a good EBITDA margin of 14.4%. Volumes decreased by 16% because of continuing...

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