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Ineos posts a profit.(Financial report)(Brief article)

Chemical Week

| January 26, 2009 | COPYRIGHT 2003 Chemical Week Associates. (Hide copyright information)Copyright

Ineos estimates that it generated replacement cost Ebitda (RC Ebitda), adjusted to exclude inventory holding gains and losses, of 300 million [euro] ($397 million) in the fourth quarter of 2008. The estimate is based on "unaudited preliminary management information," the company says. Inventory holding losses in the fourth quarter were 1 billion [euro], reflecting …

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