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
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