Ineos back in profit despite Chlor loss
INTERNATIONAL chemicals group Ineos has returned to profit, although challenges remain at its Runcorn-based chlorine manufacturing site.
The Swiss-based group reversed a £390m loss into a £72.6m profit on turnover of £21.3bn.
The group, which began in the 1890s in Runcorn as a caustic soda manufacturer called Castner Kellner Alkali, saw its Ineos Chlor site in Runcorn fall into the red.
In 2010 it made a £3.3m loss, compared with a profit of £64m in 2009. Higher higher energy and raw materials costs were blam... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
