Raw materials pressure leads to tough outlook
30/07/2008
Clariant’s second-quarter results have led to a drop in the chemical company’s share-price in Zurich.Results for the quarter showed earnings of around $46.6 million on sales of just over $2 billion, a drop of 2.7%. Chief executive, Jan Secher, said on releasing the figures: “We expect an unbroken trend of raw-material cost increases, a weakening...