Chemical manufacturer Lyondell Chemical Company announced net income for the third quarter 2005 of $10 million, or 4 cents per share on a fully diluted basis, including third- quarter charges and hurricane impacts described below.
This compares with net income of $50 million, or 28 cents per share, for the third quarter 2004, and net income of $126 million, or 48 cents per share, for the second quarter 2005. For the first nine months of 2005, net income was $390 million, or $1.50 per share on a fully diluted basis, compared with net income of $38 million, or 21 cents per share, during the first nine months of 2004.
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Lyondell Chemical Company, headquartered in Houston, Texas, is North America's third-largest independent, publicly traded chemical company.
Lyondell is a major global manufacturer ofbasic chemicals and derivatives including ethylene, propylene, titanium dioxide, styrene, polyethylene, propylene oxide and acetyls.
Lyondell Chemical Company
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