TITLE

PetroChina books huge profits rise

AUTHOR(S)
Kovac, Matt
PUB. DATE
March 2007
SOURCE
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of China's major oil company PetroChina in 2006. The company recorded a 54.4 percent rise in operating profit in its chemicals division, to $658.9 million following sustained demand growth for plastics and fibers. An improved product mix, higher sales volumes and a strong economy also helped to boost margins.
ACCESSION #
24684057

 

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