Poland’s PKN Orlen December petchem model margin flat at €716/tonne

03 January 2013 12:38  [Source: ICIS news]

LONDON (ICIS)--PKN Orlen’s model petrochemical margin in December 2012 was €716/tonne ($942/tonne), flat against November’s €719/tonne, the Polish group said on Thursday.

However, the figure was a significant improvement on the €573/tonne recorded in December 2011, it added.

For 2012, the model petrochemical margin reached a peak of €819/tonne in May, having hit what would prove to be the low for the year, €529/tonne, in January, Orlen said.

($1 = €0.76)

By: Will Conroy
+44 20 8652 3214

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