Unipetrol's olefin margin rises but polyolefin margin edges down

09 May 2012 11:51  [Source: ICIS news]

LONDON (ICIS)--Unipetrol's model olefin margin rose to €341/tonne ($443/tonne) in April, up from €301/tonne in March and from €315/tonne in April of last year, the Czech petrochemical producer said on Wednesday.

The company's model polyolefin margin in April edged down to €257/tonne from €264/tonne in the previous month, Unipetrol added.

The model polyolefin margin stood at €300/tonne in April 2011.

Unipetrol is 63%-owned by Poland's PKN Orlen group, which on 7 May said its model petrochemical margin rose to €765/tonne in April from €700/tonne in March.

($1 = €0.77)

By: Will Conroy
+44 20 8652 3214

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