OMV petchem margin declines, refining margins tank

MOSCOW (MRC) -- OMV (Vienna, Austria) says its petrochemical net margin declined 15% year on year (YOY) in the third quarter ended 30 September, while its refining margin indicator plunged 84% YOY, reported Chemweek.In a trading update ahead of the company's third-quarter results, due to be released on 29 October, OMV says its ethylene/propylene net margin fell to EUR375/metric ton (USD4

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