US Chemicals – Propane to limit ethane pricing upside

US Chemicals – Propane to limit ethane pricing upside
· US propane markets to be oversupplied through 2014; expect price declines
· Ethane price hikes would trigger switching to propane as an ethylene feedstock
· We see as much as 10-50% EPS upside relative to consensus 2012 estimates

Login Now to read and download the entire article

Not Registered with us yet? It’s quick, easy, and provides you with access to our research. Register for new account.