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Europe and NE Asia petchem and polyolefins producers suffered revenues losses in Q4

January 25/2012

(chemmonitor) --  Petchem and polyolefins producers using naphtha and based in Europe and Northeast Asia witnessed a decrease of revenues in Q4 of the previous year.

 

Producers started to lose margins in Q3, but a larger decrease was observed in October-December.


The situation partially resulted from a high destocking activity towards the end of the year. The overall economic instability and a cautious behaviour of buyers on the back of a bleak economic outlook also impacted the situation.

 

mrcplast.com

Author:Anna Larionova
Tags:No
Category:General News
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