Wednesday, March 10, 2010

Rising US ethylene prices continue to squeeze LyondellBasell’s PE margins

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.

For more details on Rising US ethylene prices continue to squeeze LyondellBasell’s PE margins click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: