TITLE

Global growth fuels Total profits

AUTHOR(S)
Leblond, Doris
PUB. DATE
February 2007
SOURCE
ICIS Chemical Business;2/19/2007, Vol. 2 Issue 54, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the increased petrochemical margins of Total for 2006. The strong economic growth since 2003, combined with a reduction in supply from project delays in the Middle East and production outages in Europe and the U.S. boosted Total's profits. Total Petrochemicals' president François Cornelis said that the global economic environment helped to offset higher naphtha costs. Cornelis added that Total would exploit the growth in Asia.
ACCESSION #
24348676

 

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