全文下载:Hexion Specialty Chemicals Reports Fourth Quarter and Fiscal Year 2009 Results
Hexion’s full year 2009 results primarily reflected a reduction in terminated merger and settlement expense as Hexion recorded USD 1,027 million in terminated merger and settlement costs in 2008. The Company posted net income attributable to Hexion Specialty Chemicals, Inc. of USD 92 million in 2009 compared to a net loss of USD 1,190 million in 2008. Segment EBITDA in 2009 was USD 385 million versus USD 461 million in 2008. Adjusted EBITDA was USD 529 million for the year ended December 31, 2009. "Although certain end markets remain challenged, our Segment EBITDA has been recovering due to gradually improving volumes and the cumulative impact of our cost reduction and productivity initiatives. Our Coatings and Inks segment benefited from past restructuring efforts"; said Craig O. Morrison, Chairman, President and CEO.