Mexichem sees 4% revenue growth but fluorine sales dip
Published: Tuesday, 21 July 2015
The company’s Q2 results for 2015 have been boosted by the inclusion of two acquisitions — PVC producer Vestolit and HPDE maker Dura-Line. However, Mexichem’s flourine sales have dropped due to soft demand for metallurgical grade fluorspar. Yet, the firm still remains confident for its growth prospects for the second half of this year.
Vertically integrated fluorochemcial producer Mexichem SAB
de CV has reported a 4% increase in revenues to $1.5bn for the
second quarter of 2015, owing to a combination of organic
growth and the positive contribution of its recent acquisitions
of Germany-based PVC producer, Vestolit, and US high density
polythene maker, Dura-Line....