MOL sees downstream earnings slide, petchems performance robust

MOSCOW (MRC) -- MOL (Budapest, Hungary) has reported a 58% decline year on year (YOY) in its downstream EBITDA earnings to USD110 million for the second quarter on a current cost of supply (CCS) basis, due largely to negative refinery margins, despite a "resilient" contribution from its petrochemical activities, reported Chemweek.The company, which does not break out its petchem earnings

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