08/05/2010

www.rfp-international.com

ExxonMobil posts 60 % gain in earnings, chemicals up USD 1 billion-plus

First-half earnings of USD 13.9 billion were 60 % above the first half of 2009. The chemical segment, which includes the company's plastics businesses, posted earnings of USD 1.368 billion - USD 1.001 billion higher than the second quarter of 2009. Stronger margins improved earnings by USD 840 million and higher sales volumes further increased earnings by USD 120 million. Second-quarter prime product sales of 6,496 kt were 229,000 tonnes higher than the prior year primarily due to improved global demand.



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