Cepsa petchem earnings rise on rebound in phenol, acetone margins, high LAB demand

MOSCOW (MRC) -- Cepsa (Madrid, Spain) reports a 30% rise year on year (YOY) to EUR86 million (USD101 million) in clean EBITDA on a current cost of supply (CCS) basis for its chemicals business in the second quarter, due to a rebound in margins and volumes in the phenol/acetone segment and "high demand" in the detergents sector, said Chemweeek."The resilient nature and strong performance o

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