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Hunstman achieved 17% growth in sales in 2010

Internationalalt. The chemical manufacturer Hunstam has revealed in its 2010 results report, that it obtained revenues of US $ 9,250 million, improving the revenues of its areas and registering a growth in sales of 17% compared to what was shown in 2009.

This record is basically given by the increase in production volumes and the increase in the prices of the products of all its divisions, as a response to the strong market conditions and the prices of raw materials, costs that were finally offset by the strength of the dollar against other European currencies.

According to the same document, adjusted EBITDA for 2010 was US$872 million compared to US$529 million for 2009. Therefore, adjusted net income was $200 million or $0.83 per diluted share compared to adjusted net loss of $303 million or $1.30 from the shared diluted loss for 2009.

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