Wednesday, May 20, 2009

Israel Petrochemical Ent profits hit by dismal performance of Carmel Olefins

Dismal performance of Carmel Olefins has dragged down revenues of Israel Petrochemicals Enterprises. Q1 revenue was NIS 341.9 mln in Q1-09, a drop of 12.5% compared with the corresponding quarter of 22008, when revenue was NIS 390.

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