Q4 profits down by a quarter at Basell

Davis, Nigel
March 2007
ICIS Chemical Business;3/19/2007, Vol. 2 Issue 58, p8
Trade Publication
The article reveals that chemicals company Basell reported a 25% decline in fourth-quarter 2006 operating profits compared with the same period in the previous year. Pro-forma earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter were down by 6% with polyolefins pro-forma profits down by 9%. North American polyolefins sales volumes were up, compared with a year earlier, but margins were lower than those achieved in 2005, according to the article.


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