Hexion loss narrows on higher sales, improving volumes
15.03.2021
MOSCOW (MRC) -- HexionВ has reported a fourth-quarter net loss that narrowed to USD35 million, from USD46 million in the year-ago period. Net sales grew 4.0% year on year (YOY), to USD655 million, reported Chemweek.Segment EBITDA was up 39.6% YOY, to $74 million. Volumes were up, led by increases in formaldehyde, and specialty epoxy and epoxy resins, while pricing cut into sales figures d