IHS Chemical Week

Regions :: Western Europe

OMV posts slight decline in petchem profit on lower ethylene margins

8:23 AM MDT | August 12, 2014 | Ian Young

Energy company OMV (Vienna) says that operating profit at the company's petrochemicals business was €40 million ($53.4 million) in the second quarter, slightly lower than in the corresponding period of 2013 mainly because of lower ethylene margins. The business's average ethylene-propylene net margin was €355/m.t. in the second quarter, down 7% year-on-year (YOY). Second-quarter petrochemical sales have not been disclosed, but petrochemical sales volumes were flat YOY, at 550,000 m.t. The contribution of Borealis to OMV's second-quarter group result...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa