TITLE

Hexion Specialty Chemicals reports fourth quarter and fiscal year 2007 results

PUB. DATE
April 2008
SOURCE
Chemical Business;Apr2008, Vol. 22 Issue 4, p96
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the results for the fourth quarter and fiscal year ended December 31, 2007 of Hexion Specialty Chemicals Inc. It cites that a net loss of $65 million has been posted by the firm in 2007 compared to a net loss of $109 million in fiscal year 2006. According to Hexion chairman, president and chief executive officer (CEO) Craig O. Morrison, their fourth quarter 2007 Segment earnings before interest, taxes, depreciation and amortization (EBITDA) was negatively influenced by $16 million in raw material inflation.
ACCESSION #
33554639

 

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