Sales and earnings before interest, tax,
depreciation and amortisation (EBITDA) for the company’s silicones
business were up 7% and 10% to €432.1m and €57.4m
respectively, as higher volumes and favourable exchange rates helped to
offset price pressures on silicone production, according to Wacker. The
unit produces silicone-based emulsions, elastomers, sealants and resins. SEE MORE Crude for December delivery was at $86.05 a barrel in
electronic trading on the New York Mercantile Exchange, up 32
cents, at 1:30 p.m. Singapore time. The contract settled at
$85.73 yesterday, the lowest since July 10. Prices are down 13
percent this year. SEE MORE HA NOI (VNS)
— The country's CPI is under control this month with an increase of
0.85 per cent after soaring 2.2 per cent in September, the General
Statistics Office said yesterday. SEE MORE Vietnam’s dong traded at 20,850, compared with 20,845 yesterday
and 20,855 at the end of last week. SEE MORE Central banks in Southeast Asia may
be forced to abandon this year’s monetary easing and raise
interest rates before their north Asian peers in 2013, as rising
inflation risks overshadow the current economic gloom. SEE MORE
