Home / Knowledge / News / Textiles / Decrease in Performance Products sales at Arkema
Decrease in Performance Products sales at Arkema
15
Feb '08
Arkema's full year 2007 sales stood at €5,675 million, slightly up on its 2006 sales of €5,664 million, a 4% increase excluding foreign exchange rate effect and variations in the scope of business.

This increase resulted from a sound organic growth in volumes (+2.3%) sustained in particular by the development of Arkema's activities in Asia and by targeted projects in North America and in Europe (unit extensions in Industrial Chemicals and launch of new products in Performance Products).

This improvement is also due to Arkema's ongoing policy to selectively increase its sales prices (+1.7%) across its three business segments in order to offset the impact of raw material and energy price rises.

The impact on sales of the conversion effect, due primarily to the decline in the US dollar versus euro conversion rate, stood at –2.6%.

Variations in the scope of business resulting in particular from portfolio management (acquisition of Coatex, and divestment of Amines in the United States as well as Urea Formaldehyde Resins) had a negative impact of 1.2% on sales.

In the 4th quarter, the change in the sales consolidation method for some subsidiaries resulted in a €29 million decrease in Performance Products sales.

ARKEMA INC

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X