Monday, March 09, 2009

Arkema clocks Q4 net loss on customer de-stocking and sharp decline in demand

Arkema, France's leading chemical company, swung to Q4 net loss posting EUR 72 mln as against EUR 18 mln net income for the comparable period of the previous year due to a sharp decline in demand in sseveral sectors and unprecedented inventory de-stocking across supply chains.

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