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Covestro generated sales of €14.
1 billion in 2017, up 18.
8 percent from the previous year; At the same time, Group-level EBITDA increased by 70.
6% year-on-year to EUR 3.
4 billion.
Net profit more than doubled, from €795 million to €2 billion, and core volumes increased by 3.
4 percent
year-on-year.
The positive momentum is expected to continue in 2018, with EBITDA estimated to be on par with
2017 levels.
Clariant achieved significant growth in its Catalysis and Natural Resources business, with sales of CHF 6,377 million for the full year 2017, up from CHF
5,847 million in the same period of 2016.
EBITDA before exceptional items increased by 10 percent
from CHF 887 million in 2016 to CHF 974 million.
The EBITDA margin before exceptional items increased to 15.
3 percent
.
Net profit increased by 15 percent
to CHF 302 million from CHF 263 million in 2016.
In 2018, the company expects the economic environment to continue to improve, with sales (in local currency) increasing and absolute EBITDA and EBITDA margins improving
before exceptions.
Arkema generated sales of €8,326 million in 2017, up 10.
5 percent from 2016; EBITDA rose by 17 percent to EUR 1,391 million, with strong growth in all three business units, and EBITDA margin increased to 16.
7 percent (2016: 15.
8 percent).
Adjusted net income rose by 42 percent to EUR 592 million
.
The company will implement several major production projects in 2018, including sulfur chemicals, specialty polyamides, fluoropolymers and Sartomer, taking action to partially offset fixed-cost inflation; EBITDA is expected to continue to improve
in 2018.
Shell's net profit, excluding certain one-off items, was $4.
3 billion in the fourth quarter of 2017, more than doubling from $1.
8 billion in the year-ago quarter, and oil and gas production increased to 3.
756 million b/d from 3.
657 million b/d
in the third quarter.
Net profit (excluding certain one-off items) reached US$15.
8 billion in 2017, up 119%
year-over-year, benefiting from the recovery in oil and gas prices and production.
