Sinopec rubber output fell in Q3

ERJ staff report (DS)

Beijing — China Petroleum & Chemical Corporation (“Sinopec”) said its output of synthetic rubber in the first nine months of 2012 was 703,000 tonnes, compared with 746,000 tonnes in the equivalent prior-year period, representing a decline of 5.5 percent in volume.

The figures came amid the company’s third-quarer results statement, which showed the group as a whole reported overall growth of 5.5 percent in volumes. The Company’s operating income increased by 5.43% year-on-year to RMB676.694 billion (euro 83942 million). Net profit attributable to…

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