PKN Orlen's September model petchem margin climbs by €113/tonne

02 October 2012 11:27  [Source: ICIS news]

LONDON (ICIS)--PKN Orlen’s model petrochemical margin climbed to €752/tonne ($964/tonne) in September from €639/tonne in the same month a year ago, the Polish oil and petrochemicals group said on Tuesday.

The figure was also a substantial improvement on the €594/tonne model margin seen in August of this year, it added.

On 28 September, Orlen forecast that for the third quarter of this year it would record a model margin of around €619/tonne compared with €663/tonne in the same period last year.

($1 = €0.78)

By: Will Conroy
+44 20 8652 3214

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