Rising US ethylene prices have given a significant bump to LyondellBasell’s olefins earnings, but continue to squeeze polyethylene (PE) margins as per ICIS. For most of 2010, ethylene prices have surgged, peaking with trades at 70 cents/lb or more over the past two days.
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Wednesday, March 10, 2010
Rising US ethylene prices continue to squeeze LyondellBasell’s PE margins
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