BRUSSELS Oct 25 Belgian chemicals and plastics
maker Solvay reported a greater than expected core
profit on Thursday, with strong expansion of its base and
consumer chemicals and of specialty plastics.
The maker of PVC used for building and soda ash for glass
said its third-quarter recurring core profit rose 4 percent to
554 million euros ($718.5 million). The average forecast in a
Reuters poll of nine analysts was 515 million euros.
Solvay said that despite a fragile economy, synergy benefits
and savings meant that it expected to make a recurring core
profit this year roughly the same as last year
($1 = 0.7711 euros)
(Reporting By Philip Blenkinsop)