PKN Orlen's October model petchem margin up 17% year on year

06 November 2012 12:05  [Source: ICIS news]

LONDON (ICIS)--PKN Orlen’s model petrochemical margin improved 17% year on year to €751/tonne ($963/tonne) in October, the Polish oil and petrochemicals group said on Tuesday.

However, the model margin was flat against the €752/tonne recorded in September, Orlen added.

On Monday, Erste Group Bank cautioned that following a strong third quarter, the performance of Polish petrochemical producers is slipping in tough markets.

By: Will Conroy
+44 20 8652 3214

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