TITLE

Petrochemical Earnings are Mixed at Oil Firms

AUTHOR(S)

Seewald, Nancy

PUB. DATE

August 2009

SOURCE

Chemical Week;8/3/2009, Vol. 171 Issue 20, p12

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

This article reports on the financial performance of chemical units at major oil companies in the second quarter of 2009. Chemical units posted mixed earnings due to lower raw material and operating costs. ExxonMobil Chemical reported a decline in its earnings. In contrast, the chemical unit of Chevron posted an increase in earnings.

ACCESSION #

44325120

Tags: CHEMICAL industry;  FINANCIAL performance;  CORPORATE profits;  EXXONMOBIL Chemical Co.;  CHEVRON Chemical Co.

 

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