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BASF erecting sodium methylate plant

Publisher: Elsevier Science
Year: 2008
Weight: 50 KB
Volume: 2008
Category: Article
ISSN: 1351-4180
DOI: 10.1016/s1351-4180(08)70323-4

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✦ Synopsis

Süd-Chemie to pass on raw material costs

Süd-Chemie is to pass on rises in raw material costs to customers. The company will react to market trends with higher prices. The company's gross margin fell from 29% to 28.3% in 2007. It is to rise 1% again in 2008, but this can only be achieved by means of hikes in prices.

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has reported net sales of $1801.7 M ($1935.4 M for its fiscal 2009), of which: Refining Technologies accounted for $742.0 M ($992.1 M), Materials Technologies $673.6 M ($606.0 M), and Speciality Technologies $386.1 M ($337.3 M); and adjusted EBIT of $399.6 M