Crompton Corp. reports Q4, full year results

Middlebury, Connecticut–Crompton Corp. reported a fourth quarter net loss of $55.9 million, compared to a net loss of $58 million a year ago. For the year ended December 31, 2004, the Company reported a net loss of $34.6 million, compared to net earnings of $19 million in 2003.

In a statement, the company said, “Polymers sales of $87.7 million increased 21 percent from the prior year due to an increase in selling prices of 11 percent, higher unit volume of eight percent and favorable foreign currency…

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