Home › Marubeni Slashes Forecast on Crude Fall
 

Keywords :   


Marubeni Slashes Forecast on Crude Fall

2015-01-26 11:21:35| Chemicals - Topix.net

Marubeni Corp. on Monday cut its net profit projection in half for the current fiscal year as falling prices of crude oil and other commodities forced the company to book steep impairment losses. The major Japanese trading house cited a A 95 billion write-down in oil and gas assets as weighing on its profits.

Tags: fall forecast crude slashes

Category:Chemicals

Latest from this category

All news
12.11Benjamin Moore Expands Partnership with Roadie to Accelerate Paint Delivery for DIYers and Pros
11.11Clariant Launches Melamine-free Flame Retardant for Intumescent Coatings
11.11Protech Group Acquires Caldwell Chemical Coatings
11.11Asian Paints Reports 2Q 2024-25 Fiscal Results
10.11Clariant Launches Melamine-free Flame Retardant for Intumescent Coatings
09.11Weekly Recap: Nippon Paint, AkzoNobel, PPG Top This Weeks Stories
08.11Statement from the U.S. Green Building Council on the 2024 Election Results
08.11Axalta Celebrates the Opening of its Global Headquarters in the Philadelphia Navy Yard
Chemicals »
14.11Farm Progress America, Nov. 14, 2024
14.11Farm Progress America, Nov. 14, 2024
14.1190's MLB
14.11 THE FIRST FINAL Blu-ray
14.11Nintendo Switch Lite
14.11Summer Eye
14.11 2014
14.11 CD DVD
More »