Styrolution reports annual results

ERJ staff report (DS)

Frankfurt, Germany - The former BASF styrenics group, now known as Styrolution has reported lower profits on slightly improved sales for the 12 months to December 2011.

Reporting unaudited figures for the year, the company said sales improved by 1.7 percent, to euro 6550 million while gross profits fell 18 percent, to euro 628 million.

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Press release from Styolution