London (Platts)--19Nov2012/801 am EST/1301 GMT
Western European production of ethylene, propylene and butadiene in the third quarter of this year was down from the same period of 2011, data from the Association of Petrochemical Producers in Europe showed Monday. Ethylene, propylene and butadiene production in the quarter was 4.840 million mt, 3.634 million mt and 512,000 mt, respectively. This represents year-on-year falls of 4.9%, 2.8% and 4.8%. European steam crackers were dialed down in a low demand environment, sources said. EU chemicals production fell by 2.2% year-on-year in the first eight months of 2012, the latest Cefic Chemicals Trends Report released last week showed. Stock depletion in Q2 prompted some replenishment in Q3, sources said. --Nandita Lal, nandita_lal@platts.com--Edited by Jeremy Lovell, jeremy_lovell@platts.com Sign up to Petrochemical Alert today. Petrochemical Alert gives you everything you need to stay informed and react to changing market conditions, including minute-to-minute updates on news and pricing for all your petrochemical needs. From news flashes to long-range analysis, and real-time deal reporting to end-of-day price assessments, Petrochemical Alert is consistently first to deliver breaking news that moves the world's petrochemicals markets. It's an indispensable tool for those making crucial decisions.
Western European production of ethylene, propylene and butadiene in the third quarter of this year was down from the same period of 2011, data from the Association of Petrochemical Producers in Europe showed Monday. Ethylene, propylene and butadiene production in the quarter was 4.840 million mt, 3.634 million mt and 512,000 mt, respectively. This represents year-on-year falls of 4.9%, 2.8% and 4.8%. European steam crackers were dialed down in a low demand environment, sources said. EU chemicals production fell by 2.2% year-on-year in the first eight months of 2012, the latest Cefic Chemicals Trends Report released last week showed. Stock depletion in Q2 prompted some replenishment in Q3, sources said. --Nandita Lal, nandita_lal@platts.com--Edited by Jeremy Lovell, jeremy_lovell@platts.com
Petrochemical Alert gives you everything you need to stay informed and react to changing market conditions, including minute-to-minute updates on news and pricing for all your petrochemical needs. From news flashes to long-range analysis, and real-time deal reporting to end-of-day price assessments, Petrochemical Alert is consistently first to deliver breaking news that moves the world's petrochemicals markets. It's an indispensable tool for those making crucial decisions.
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