Cognis first nine-months 2008: Care Chemicals
- Publisher
- Elsevier Science
- Year
- 2009
- Weight
- 65 KB
- Volume
- 2009
- Category
- Article
- ISSN
- 1351-4210
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โฆ Synopsis
period of 2007), with Surface Chemistry accounting for โฌ622 M (โฌ583 M); EBITDA of โฌ599 M (โฌ608 M), EBIT of โฌ439 M (โฌ434 M), capital expenditure of โฌ176 M (โฌ146 M), and headcount of 11,070 (10,965). Within Surface Chemistry, revenue increased by 9% compared with 3Q 2007, driven primarily by price increases. Demand for surfactants in all regions was at a good level during the quarter, but the business was negatively impacted by two hurricanes that hit the Gulf Coast of the US. Gustav shut down key raw material suppliers, forcing the business to declare force majeure in certain product segments, while the Houston plant was later hit by Ike and was down for nine days. Nevertheless, operating performance improved significantly. The Alco and Personal Care businesses were operating slightly below the 3Q 2007 performance.
๐ SIMILAR VOLUMES
biological agriculture (BioAg) delivered higher growth than expected. Biopharmaceutical ingredients (BPI) experienced a decline of 1% in LCY. Financial results data are tabulated and graphically illustrated.