Declining Oil Prices and Devalued Euro Creating Volatile, but Profitable Market for European Chemical Producers…for Now, IHS Says

Dateline City:
HOUSTON

Margins for some polymers, like polyethylene, at positive levels not seen for years

HOUSTON--(BUSINESS WIRE)--Crude oil price swings in recent months, combined with a devalued euro, have created a volatile, but profitable marketplace for European petrochemical producers, with European steam-crackers achieving record margins in fourth quarter 2014, according to analysis from IHS (NYSE: IHS), the leading global source of critical information and insight.

Language:
English
Contact:

IHS Inc.
News Media Contact:
Melissa Manning, +1 832-458-3840
melissa.manning@ihs.com
or
Paul Fox, +44 203159 3576
paul.fox@ihs.com
or
Press Team
+1 303-305-8021
press@ihs.com
or
Twitter: @IHS_news

Ticker Slug:
Ticker:
IHS
Exchange:
NYSE

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