Mexico: STPP business suffering from reformulation trend

Innophos reported third quarter 2010 results, indicated that their Mexican STPP and detergent grade acid sales were affected by further reformulation at major multinational customers in the South American markets. The reformulation effect, together with unfavorable, partly weather-related order patterns, resulted in overall Mexico Specialty Phosphate sales being 15% lower than the second quarter 2010.

[Published on November 2010]

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