ICIS Pricing Launches Weekly Polypropylene Europe Margin Report

LONDON, March 9, 2010 - ICIS pricing, the world's leading price reporting service for the global
chemical industry, has launched a new European Polypropylene Margin report.
The weekly Margin report assesses producer cash costs and margins by
modelling raw material and key variable costs, co-product credits and product
yields across the business, from naphtha and PDH feedstock, through to
propylene and polypropylene.

It has been reported recently in an ICIS pricing Europe Polypropylene
report, that demand for polypropylene will improve from the beginning of the
year. Producers are optimistic about an increase of volumes but supply will
be restricted and some producers are looking to increase prices to recover
lost margin on propylene purchases.

The new European Polypropylene Margin report will give market players,
including sellers, buyers and traders, a clear indication of the direction of
business cash costs and cash margins to make informed decisions on market
positioning.

The weekly margin reports are designed to complement ICIS's highly
regarded benchmark pricing data which are used with feedstock yield models
from Linde Engineering.

The concise 2-page margin report includes charts, tables and bullet-point
summaries, giving a clear indication of both short-term and long-term trends.

"With the launch of the margin reports, ICIS pricing continues to provide
industry players with timely, concise, accurate yet comprehensive market
intelligence," said Paul Ray, Head of Data & Analytics, ICIS. "We are excited
to launch a service that will help industry players compete globally and give
them clarity of real impact of volatile feedstocks such as propylene."

The launch of the European Polypropylene Margin report builds on the
success of existing Asian and European Ethylene and Polyethylene Margin
reports.

ICIS publishes trusted pricing information and analyses the factors
driving the chemical industry. ICIS weekly polypropylene 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 European Polypropylene Margin report from
ICIS pricing at tinyurl.com/yctnn6f or by emailing sales.uk@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: Sheila.seow@icis.com

For further information please contact: Sheila Seow, ICIS pricing, tel: +65-6780-4395, email: Sheila.seow at icis.com