PKN Orlen's model petchem margin up €65/tonne in April from March
07 May 2012 12:11 [Source: ICIS news]
LONDON (ICIS)--PKN Orlen's model petrochemical margin rose to €765/tonne ($1,007/tonne) in April this year from €700/tonne in March, the Poland-based refining, chemicals and petrochemicals group said on Monday.
The margin also stood at exactly €765/tonne in April of 2011, Orlen added.
Orlen has seen a gradual recovery in the margin since January 2012 when it sank to €527/tonne, the lowest monthly figure reported by the group since June 2009.
($1 = €0.76)
By: Will Conroy
+44 20 8652 3214
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |
Related Articles
- 19 Jul 12 09:39 PKN Orlen’s petrochemical sales volumes suffer Q2 decline
- 02 Jul 12 17:13 PKN Orlen's model petchem margin drops to €740/tonne in June
- 05 Jun 12 12:04 PKN Orlen petchem margin goes from 'strength to strength' - bank
- 30 May 12 14:52 Orlen AGM votes down shareholders' dividend demand
- 29 May 12 15:53 Shareholder opposes no-dividend policy at Poland's Orlen
- 16 May 12 15:41 PKN runs phenol, acetone at full rates ahead of planned outage
- 25 Apr 12 09:13 Poland’s PKN Orlen Q1 petchem profit falls 10% on lower margins
- 23 Apr 12 17:39 Poland's PM talks of SABIC, Orlen JV on state visit
- 19 Apr 12 08:51 Poland's PKN Orlen Q1 hit by 18% fall in petrochemical margins
- 17 Apr 12 12:15 Erste Bank downgrades stock rating of Poland's PKN Orlen
- 05 Apr 12 16:47 Orlen, Unipetrol assess change in Russia’s oil export priorities
Latest News
- 24 May 13 23:59 Europe ABS May domestic prices down by €30-40/tonne
- 24 May 13 23:59 Europe May PVC contracts fall €40/tonne after ethylene decrease
- 24 May 13 23:39 Argentina YPF to inaugurate upgrade of Lujan de Cuyo refinery
- 24 May 13 23:00 EVENING SNAPSHOT - Americas Markets Summary
- 24 May 13 22:34 Outgoing TFI president: fertilizer industry plays vital role