Unipetrol’s polyolefin margin sees recovery in July

06 August 2012 13:22  [Source: ICIS news]

LONDON (ICIS)--Unipetrol's model polyolefin margin recovered to €240/tonne ($296/tonne) in July from June's four-year low of €187/tonne, the Czech petrochemical producer and refiner said on Monday.

However, the July margin trailed the €275/tonne seen in July of last year, it added.

Unipetrol's model olefin margin for July was €256/tonne, compared with June's €444/tonne and July 2011's €265/tonne, the company added.

Unipetrol is 63%-owned by Polish oil and petrochemicals group PKN Orlen, which on 2 August reported a model petrochemical margin for July which analysts described as worryingly low.        

($1 = €0.81)

By: Will Conroy
+44 20 8652 3214

AddThis Social Bookmark Button

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.

Printer Friendly

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