Phillips 66 Q1 chem earnings rise

Phillips 66 Q1 chem earnings rise
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

13.05.2020

MOSCOW (MRC) -- Phillips 66's Q1 chemical segment earnings rose quarter on quarter as the company's Chevron Phillips Chemical (CP Chem) petrochemical joint venture benefited from higher polyethylene (PE) sales volumes, said the company. PE demand increased, primarily for food packaging and medical supplies. CP Chem's Olefins & Polyolefins (O&P) business ran at 98% utilisation in Q1.Q1 adj

Full article at mrcplast.com

Back

news