Hexion income takes fall

Kamalick, Joe
May 2007
ICIS Chemical Business;5/21/2007, Vol. 2 Issue 67, p15
Trade Publication
The article reports on the decline in the operating income of thermoset-resins maker Hexion Specialty Chemicals, in part because of the cost of feedstock. Hexion said sales-related costs were $1.2bn, up by 16%. Raw material prices make up about 85% of the company's sales-related costs. Hexion's results also included a $37m gain on the sale of noncore assets, which was another component in the drop in income.


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