The performance of major chemical companies in Asia began to improve
some major chemical companies in Asia recently released their performance reports for the fourth quarter of last year. The financial report shows that the performance of these companies is higher than that of the same period of the previous year. The experimental machine is a kind of high-precision instrument. Doing a good job of ordinary protection and maintenance can ensure the normal operation of the equipment and the accuracy of measurement, and also extend the service life of the experimental machine It is now getting better, indicating that the current Asian market is recovering
the profit of LG Chemical Co., Ltd. in the fourth quarter of 2009 was more than three times that of the same period in 2008, reaching 208.5 billion won (US $180million); The sales revenue increased by about 23.5% year on year, reaching 4.1 trillion won. In 2009, the profit of LG Chemical Company increased by 50% year-on-year, reaching 1.5 trillion won; The sales revenue increased by 9% year-on-year to 15.8 trillion won
Malaysia Titan Chemical Co., Ltd. achieved a profit of rm78.5 million (US $24million) in the fourth quarter of last year, while the company recorded a loss of rm487million in the fourth quarter of 2008. Titan chemical company said that the sharp loss in the fourth quarter of 2008 was due to the impact of the global financial crisis and the collapse of international oil prices, and the polymer business of the company experienced unprecedented difficulties; In the fourth quarter of 2009, the company's sales revenue increased by 26% year-on-year to 1.58 billion ringgit. In 2009, the company made a profit of 538million ringgit, while in 2008, it lost 270Million ringgit
the chemical business of Siam Cement Group (SCG) in Thailand achieved a profit of 13billion baht (US $394million) in 2009, more than double that of 2008. Its material is brittle; However, dragged down by the decline in product prices, the company's sales revenue fell by 26% year-on-year to 101billion baht. The construction of 18 of SCG's 20 petrochemical projects under construction in maptaphut, Thailand, has been suspended by the local government since December 2009, because the Thai court ordered some new petrochemical projects in maptaphut to be suspended for environmental protection. Kantrakulhoon, President of SCG, said: "the total investment in these 18 projects exceeds THB 57.5 billion. Recently, SCG has started to follow the new government regulations for rectification. It is expected that the rectification process will take 8 to 12 months."
tatachemicals achieved a profit of 2.12 billion rupees (US $46million) from September 1 to December 31, 2009, with a year-on-year increase of more than 100%; Sales revenue decreased by 28% year-on-year to 26.5 billion rupees. The company attributed its good performance to the strong sales volume of its fertilizer business. The oil increase can be used as the static transmission medium for a long time, while the energy consumption continues to decline. Tata chemical plans to invest about US $760million to double the urea production capacity in Barbara, India. Kundan, general manager of Tata chemical company, said that at present, the overall business environment shows signs of improvement. The healthy growth of sales and the decline of energy consumption have greatly enhanced the profitability of the company. But Tata chemical remains cautious about the future
in the same period, another Indian company, Xincheng Industrial Company Research Institute, will learn from the successful development experience of foreign industry giants to achieve a year-on-year profit growth of 16% to 40billion rupees; The sales revenue increased by 93% year-on-year to 588.5 billion rupees
note: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with their views or confirm the authenticity of their contents