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    Home > Chemicals Industry > International Chemical > Profits of North American chemical companies have risen

    Profits of North American chemical companies have risen

    • Last Update: 2021-08-13
    • Source: Internet
    • Author: User
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    Recently, North America has successively announced its second-quarter results
    .


    The continued recovery in demand and tight supply have caused the profits of all companies to rise in general


    Dow Chemical's sales and profit in the second quarter both increased year-on-year, and the prices and sales volume of all segments increased
    .


    Net sales increased by 66% year-on-year and 17% from the first quarter


    Orbia's net profit for the second quarter was US$193 million, a significant increase from US$10 million in the same period last year
    .


    Due to the increase in the price of polyvinyl chloride (PVC) and the increase in the price of the pipe and fittings business, and the increase in sales, sales increased by 59% year-on-year


    Oilon announced a net profit of US$356 million in the second quarter, compared with a loss of US$120 million in the same period last year, due to higher pricing and sales
    .


    The company’s earnings per share in the second quarter were US$2.


    Celanese’s net profit in the second quarter was US$540 million, higher than the US$109 million in the same period last year and US$326 million in the first quarter of 2021
    .


    Adjusted earnings per share were US$5.


    Alpek reported a net profit of US$124 million in the second quarter, higher than US$6 million in the same period last year and US$121 million in the first quarter
    .


    Sales increased by 57% year-on-year and 15% month-on-month


    Methanex's net profit for the second quarter was US$107 million, compared with a loss of US$65 million in the same period last year, an increase of 2% from the US$105 million in the first quarter
    .


    Sales increased by 109% year-on-year and 5% month-on-month


      Enterprise Products Partners announced a net profit of US$1.
    146 billion in the second quarter, an increase of 8% year-on-year due to strong profitability in propylene production
    .


    The company's total sales revenue in the second quarter was 9.


      Tronox's second-quarter financial report stated that its net profit was US$237 million, an increase of 67% year-on-year due to the increase in production and sales prices of titanium dioxide
    .
    Adjusted earnings per share were US$0.
    61, a sharp increase from US$0.
    03 in the same period last year, and exceeded the consensus forecast of US$0.
    51 per share by analysts
    .
    "The return of titanium dioxide output, although still at the low end, is mainly due to tight supply chains and abnormally seasonally low inventory levels, especially the limited availability of containers
    .
    " Co-CEO Romano said
    .

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