Mexichem records higher sales in Q1
Published: Thursday, 27 April 2017
Mexichem's fluent division continues to see lower profit levels as the transition towards higher-value segments continues, while its vinyl business benefited from most of the increase in demand and prices.
Mexican fluorochemical producer Mexichem SAB de CV saw
a 10% decline in net profit in the first quarter of 2017 while
revenues and EBITDA increased on the back of higher demand and
prices in some product lines.
Revenues for Q1 rose 11% year-on-year (y-o-y) as EBITDA
increased 3% to...