Sumitomo Chemical's H1 earnings to top forecasts

26-Oct-05
Robust demand for petrochemicals in Asia will drive the half yearly earnings above August forecasts for Sumitomo Chemical Co. , Japan's third-largest chemicals maker. The main contributor to demand is demand from China. Robust demand for petrochemicals in China, expected to continue in the second half of the year, will aid Sumitomo achieve its 2006/2007 sales and net profit targets this business year.
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