Cepsa chemicals Q3 earnings decreased on weaker phenol, acetone margins

Cepsa chemicals Q3 earnings decreased on weaker phenol, acetone margins
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19.11.2021

MOSCOW (MRC) -- Cepsa's chemicals division third-quarter earnings fell 6%, quarter on quarter, on the back of falling margins in phenol and acetone and lower solvents output, said the company.Year on year, however, earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose sharply compared with Q3 2020, when Spain was only emerging from one of the strictest lockdowns in

Full article at mrcplast.com

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