ICIS Pricing Launches Weekly Ethylene US Margin Report

HOUSTON, March 23, 2010 /PRNewswire/ -- 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 http://tinyurl.com/yjn4aax or by emailing [email protected]

For more information on ICIS pricing, visit http://www.icis.com

Notes to Editors:

ICIS pricing

ICIS pricing, http://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 http://www.icis.com.

Reed Business Information

ICIS is part of Reed Business Information, http://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 http://www.reedbusiness.co.uk

    For further information please contact:

    Sheila Seow
    ICIS pricing
    tel: +65-6780-4395
    email: [email protected]

SOURCE ICIS Pricing