ICIS Pricing Launches Weekly Ethylene US Margin Report
By Icis Pricing, PRNEMonday, March 22, 2010
HOUSTON, March 23, 2010 - ICIS pricing the leading price reporting service for the global chemical
industry, has extended its series of weekly ethylene margin reports to
include the US market.
The new ICIS pricing Weekly Ethylene US Margin Report models the
production of ethylene from both ethane and light naphtha feedstocks. The
report assesses producer cash costs and margins by modelling the feedstock
and key variable costs, the co-product credits and product yields. Both spot
and contract price scenarios are considered.
Combining ICIS pricing's benchmark price assessments with feedstock yield
models from leading engineering contractor Linde Engineering, the report
offers an authoritative and independent measure of how the volatile business
environment is affecting cash margins. This transparency of market dynamics
provides buyers, sellers and traders with a basis for informed decisions on
market positioning.
"The launch of this additional ethylene margin report enables completely
independent and impartial tracking by ICIS pricing of performance across the
three largest ethylene-consuming regions of the world", said Paul Ray, Head
of Data & Analytics, ICIS. "We are very excited to provide a global service
support to the globally referenced and recognised petrochemical bellwether
product."
The concise 2-page report includes charts, tables and bullet-point
summaries, giving a clear indication of both short-term and long-term trends.
The launch of the US ethylene margin report builds on the success of
existing European and Asian ethylene margin reports.
ICIS publishes trusted pricing information and analyses the factors
driving the chemical industry. ICIS weekly ethylene pricing reports are
widely used for benchmarking and market intelligence, to underpin commercial
contracts and to support key business decisions.
Request a sample copy of the Ethylene US Margin report from ICIS pricing
at tinyurl.com/yjn4aax or by emailing sales.us@icis.com
For more information on ICIS pricing, visit www.icis.com
Notes to Editors:
ICIS pricing
ICIS pricing, www.icispricing.com, an independent pricing and
market intelligence service from ICIS, provides chemical and oil markets with
reports published daily, weekly or monthly on more than 120 products. The
pricing information is gathered by teams of experienced reporters in London,
Houston, Singapore and Shanghai to offer the most complete, authoritative and
up-to-the minute independent market information available. For further
information on ICIS pricing and ICIS, please visit www.icis.com.
Reed Business Information
ICIS is part of Reed Business Information, www.reedbusiness.co.uk/
, (RBI), a division of Reed Business and a member of Reed Elsevier plc (525),
(UK:REL) (US:RUK) (NL:45443) the world's leading publisher and information
provider. RBI publishes over 100 market leading publications, directories and
online services, and organises many industry conferences and awards. The RBI
portfolio includes Banker's Almanac, Computer Weekly, Farmers Weekly, Flight
International, ICIS, Kellysearch, New Scientist, Personnel Today, Totaljobs
and XpertHR. For a full listing visit www.reedbusiness.co.uk
For further information please contact: Sheila Seow ICIS pricing tel: +65-6780-4395 email: sales.us@icis.com
For further information please contact: Sheila Seow, ICIS pricing, tel: +65-6780-4395, email: sales.us at icis.com
Tags: Houston, ICIS Pricing, March 23, United States of America