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Markets :: Basic Chemicals :: Petrochemicals :: Propylene

PetroLogistics reports strong first quarter despite high propane costs

12:05 PM MDT | April 24, 2014 | Clay Boswell

PetroLogistics (Houston) reports strong sales and high volumes for the first quarter. Soaring feedstock costs took a deep bite out of margins, but the company beat the analysts’ consensus of 33 cts/share, turning in earnings of 37 cts/share....

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