Ineos reports lower second-quarter profits, weakness in Asian markets

摘要

Ineos has reported unaudited fnancial results for the second quarter with EBITDA down 26.6%, to €501 million ($564.1 million), compared with the year-earlier quarter. The company notes that general market conditions were largely consistent with the frst quarter. North American markets were solid, taking full beneft from their current feedstock advantage, and market conditions in Europe remained generally good, Ineos says. However, markets in Asia saw some weakness in the quarter. Sales have not been disclosed.