COLOMBES, France – Arkema, Colombes, France, has released results for the third quarter of 2012, reporting a slight increase in sales from last year and net income up six percent.
Sales reached EUR 1,606 million against EUR 1,587 million in the third quarter of 2011. The 2.8 percent increase in net contribution of acquisitions and divestments (acquisition of Hipro Polymers and Casda Biomaterials and of Seppic’s alcoxylates) offset a 2.4 percent decrease in volume resulting from a slowdown in some end-markets in September, namely automotive and construction in Europe and photovoltaics.