Oltchim reported earnings results for the first quarter ended March 2018. Net profit of RON 46.3 million in the first quarter of 2018, a six-fold increase year-on-year. Oltchim's turnover grew 34% on the year during the January-March period, to RON 297 million due to an increase in the volume of finished goods sold, mainly oxo-alcohols. Also, there was an increase in liquid and solid caustic soda prices determined by the decrease in the European production following the shutdown of the plants operating with mercury technology.