Chernigiv Khimvolokno (CHIM) announced its 2008 financial results yesterday, posting a loss of UAH 168.5 mln (vs. a profit of UAH 70 ths in 2007). The company’s assets amounted to UAH 877.2 mln, up 29% yoy. Chernigiv Khimvoloko is the CIS’ leading producer of chemical fiber and cord fabrics.