ICIS Launches a Weekly Report on US Polypropylene Margins
LONDON, May 13, 2013 /PRNewswire/ –
Global petrochemicals market intelligence provider, ICIS
, has expanded its suite of margin reports with a weekly report on the US
polypropylene (PP) market
The ICIS US Polypropylene Margin report
provides crucial information about market
factors, including feedstock prices and business cash costs, giving a better understanding
of market dynamics.
The report covers several models, including integrated PP production from
refinery-sourced propylene, the dominant feedstock for PP production in the US. Other
models include integrated PP production from naphtha and standalone (or non-integrated) PP
production from polymer-grade propylene. With the growing significance of propane
dehydrogenation (PDH) in the US, a theoretical model for integrated PP production from
propane is also considered.
The volatile nature of the PP feedstock markets underlines the benefits of a weekly
report tracking variable costs and margins.
Paul Ray, Head of Analytics and Consulting at ICIS, said: “The new US PP margin report
is a simple reference for weekly movements on costs and margins, and provides a
transparent view of how the external business environment impacts this sector. The clear
methodology used for the ICIS margin reports allows for informed, independent referencing
of variable costs and margins.”
The methodology used for ICIS margin reports is based on ICIS benchmark price
assessments, as well as plant manufacturing and feedstock yield data for the cracker and
PDH units provided by Linde Engineering.
The launch of the US PP margin report completes a family of PP margin reports
, complementing existing PP margin
reports for Europe, Asia and China.
Request a free sample of the US PP Margin report
ICIS [http://www.icis.com ] is the world’s largest petrochemical market information
provider, and has fast-growing energy and fertilizer divisions. Our aim is to give
companies in global commodities markets a competitive advantage by delivering trusted
pricing data, high-value news, analysis and independent consulting, enabling them to make
better-informed trading and planning decisions.
With a global staff of more than 700, ICIS has people based in Houston, Washington,
New York, London, Montpellier, Dusseldorf, Milan, Mumbai, Singapore, Guangzhou, Beijing,
Shanghai, Yantai, Tokyo and Perth. The team covers over 180 commodity markets, and has
in-depth knowledge across markets in upstream and downstream.