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Pharmaceuticals and chemicals highlights to 09:10 GMT


Published : Tue, 23 Jan 2007 10:27
By : Agencies
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2007-01-23 08:46:19

BASF cuts weighted average cost of capital to 9 pct from 10

FRANKFURT (AFX) - BASF AG said it will reduce its weighted average cost of

capital in 2007 to 9 pct from 10 pct, due to lower costs associated with

spiralling debts of 11 bln eur in 2006 from 3.9 bln in 2005, after the company

acquired Engelhard Corp, Degussa AG and Johnson Polymer.

2007-01-23 08:13:16

Sia Abrasives FY sales up 8 pct at 282 mln sfr

ZURICH (AFX) - Sia Abrasives Holding AG said its full year sales grew 8 pct

to 282 mln sfr, driven by improved demand in Europe and North America.

2007-01-23 07:50:47

China farm produce sold in Hong Kong hazardous - Greenpeace

HONG KONG (XFN-ASIA) - Farm produce from China sold at food markets in Hong

Kong contain dangerous levels of banned pesticides and should be checked

carefully by the local government, Greenpeace said.

2007-01-23 07:11:49

Sia Abrasives FY sales up 8 pct at 282 mln sfr; sees EBIT margin of 10-12 pct

ZURICH (AFX) - Sia Abrasives Holding AG said its full year sales grew 8 pct

to 282 mln sfr, driven by improved demand in Europe and North America.

2007-01-23 03:30:20

SKorea, France begin talks for increased Seoul-Paris flights

SEOUL (XFN-ASIA) - South Korea and France began two days of talks today on

whether to let more airlines serve the busy route between Seoul and Paris,

officials said.

2007-01-23 02:42:24

SKorea's SK Q4 opg profit down 28 pct yr/yr on weak petroleum ops

SEOUL (XFN-ASIA) - SK Corp said operating profit fell 28 pct year-on-year in

the three months to December, due to weaker petroleum operations.

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