Monday, November 17, 2008

Czech Unipetrol expects petrochem margins to be favourable in Q4

Despite doubts about petrochemical demand, Czech Unipetrol expects margins in its key petrochemical segment to be favourable in Q4. Poland's PKN Orlen holds majority stake in the company. Unipetrol reeported its operating profit (EBIT) fell 24% in Q3 from a year ago levels 772 million crowns (US$38.

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