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Article: Hoechst Celanese Corporation Reports Second Quarter Earnings
- Article from:
- PR Newswire
- Article date:
- August 8, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SOMERVILLE, N.J., Aug. 8 /PRNewswire/ -- Hoechst Celanese Corporation reported second quarter net earnings of $49 million compared to $102 million for the same period last year. Sales for the quarter were $1.8 billion compared to $1.9 billion for the second quarter in 1995.
"Our financial performance was affected primarily by lower pricing for commodity chemicals and some of our polyester products, such as staple fibers and polyethylene terephthalate (PET) resins," said Thomas F. Kennedy, president and chief executive officer. "Some of our technical polymers and fibers businesses, however, had strong results this quarter."
Chemicals
Sales for ...
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Article: Fuisz Signs Letter of Intent With Hoechst Celanese.
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... ... Germany, under which Hoechst Celanese will be the exclusive ... Fuisz Technologies. Hoechst Celanese Corporation, with ... Group of Germany, Hoechst Celanese holds leading positions ... chemicals, fibers and technical polymers. The Hoechst Group ...
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