Europe top stories – summary

20 May 2013 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 17 May 2013.

EU construction output down 1.1% in March, eurozone 1.7% lower
EU construction output levels fell by 1.1% in March this year compared to the previous month, data agency Eurostat said on Friday.

Borealis upbeat despite fall in Q1 net profits, says CEO
Borealis remains upbeat with its financial performance despite a fall in first-quarter net profits, CEO Mark Garrett said on Thursday.

Arkema confident of strong 2013 despite challenges in Europe
France-based specialty chemical producer Arkema on Wednesday reaffirmed its confidence in achieving a strong performance in 2013 but conceded that macroeconomic conditions, particularly in Europe, remain challenging.

Europe May OX contract fully confirmed down €18/tonne
The May European orthoxylene (OX) contract has been confirmed at €1,110/tonne ($1,442/tonne), down €18/tonne from the previous month, as the initial settlement received further support from players on Tuesday.

Europe May paraxylene contract rolls over
The May European paraxylene (PX) contract has been fully confirmed at €1,120/tonne ($1,455/tonne), a rollover from the previous month, as the initial settlement received further support from players on Monday.

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By: Staff Reporter
+44 20 8652 3214



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