Chemtura's annual sales and earnings decline in 2015. Issue 5 (May 2016)

• Record Type: Journal Article
• Is Part Of: Additives for polymers. Issue 5(2016:May)
• Page Start: 10
• Page End: 11
• Publication Date: 2016-05
• Subjects: Polymers -- Additives -- Periodicals; 620.192
• DOI: 10.1016/S0306-3747(16)30062-8
• Languages: English
• ISSNs: 0306-3747

Abstract

Abstract : For the year ended 31 December 2015, Chemtura Corp reported net earnings from continuing operations on a GAAP basis of US$136 million on net sales of $1.745 billion. The annual sales figure was down 20% from $2.19 billion in 2014, which included Chemtura AgroSolutions before its divestment in late 2014, while earnings decreased substantially from $771 million the previous year. On a managed basis, the company's net earnings from continuing operations increased by 26% to $101 million.