Atochem rides petchems slump
15 Jan 2000
Growth in the USand Asia, cost-cutting and speciality chemicals acquisition helped Elf Atochem withstand difficult trading conditions in petrochemicals, the company said. Turnover for 1996 was down 3% to FFr53.8billion, with operating profits down by a quarter, at FFr3.7billion. This was still more than double 1994's result, it noted.