Ongoing market discussions covering the cost of ethylene and propylene for Q3 have brought the failings of the existing quarterly pricing mechanism into sharp focus.
As a major buyer, INEOS considerss that the quarterly pricing mechanism no longer meets the needs of its derivative businesses.
For more details on INEOS buyers move to support a monthly contract price for ethylene and propylene click here
Monday, July 21, 2008
INEOS buyers move to support a monthly contract price for ethylene and propylene
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