date:Feb 08, 2014
uations in Brazil and Argentina along with volume declines resulting from weak economic conditions. Operating income was $116 million, down 41 percent, or about $82 million. Positive price/mix was offset by higher raw material, energy and labor costs, currency devaluations and lower volumes. Almost three-quarters of the operating income decline was attributable to Argentina.
Asia Pacific fourth quarter 2013 sales increased 1 percent as a result of favorable price/mix and volume growth partial