TITLE

Petchem profits bliss

AUTHOR(S)
Kovac, Matt
PUB. DATE
October 2006
SOURCE
ICIS Chemical Business;10/9/2006, Vol. 1 Issue 38, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports the high profits reported by the petrochemical firms in China for the first half of 2006. The firms registered a cumulative $37.5 billion for that period, according to the State Development Reform Commission. That profit represents a 22.5% increase, compared with the January to August period in 2005. However, analysts expect a slowdown in profits over the coming years, as the petrochemical sector begins to hit a downcycle.
ACCESSION #
22905432

 

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