London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Total Petrochemicals reports 72% profit increase in Q2

August 02/2010

(plastemart) -- Europes third-biggest oil company Total SA, has reported a 72% increase in Q2 profit after projects started last year were ramped up and on significant improvements across all of its businesses. Its chemicals business has grown four times in Q2 adjusted net operating profit to ?274 mln. The growth is driven by a 25% rise in sales and an improvement in margins as the markets saw an overall improvement. Cost-cutting measures have also contributed to the segments strong performance. Sales from Totals base chemicals segment grew by 29% to ?2.79 bln, while sales of specialty chemicals increased by 17% to ?1.78 mln.

 

mrcplast.com

Total Petrochemicals reports 72% profit increase in Q2

 

 

 

Tags:No
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe