SOCAR Türkiye was deemed worthy of the «Best Corporate Governance» by World Finance
Hizmete Özel (Dış Taraflar)
3
Industry Environment
Global petrochemical market Petrochemical market in Turkey
Hizmete Özel (Dış Taraflar)
Industry environment
Monthly naphtha - ethylene spread (CIF MED spot prices)
USD/tonne
1.532
1.424
1.380
2.600
2.400
1.200
1.123
2.200
942
1.001 1.005
2.000
899
783
872
876
1.800
781
819
812
900
754
681
1.600
937
928
1.400
854
1.200
600
754
694
661
610
642
654
672
644
656
1.000
595
496
580
580
536
566
800
300
400
600
527
369
238
171 141
165
232
200
248
357
349
296
218
115
0
200
0
Spread Naphtha Ethylene
Monthly average Platts index*
USD/tonne
1.320
1.249
1.218
1.040
928
924
932
936
890
878
873 843
869
850
757 768
(*) compilation of ethylene, propylene, benzene, toluene, PX, LDPE and PP.
Naphtha prices dropped below $500 per ton for the first time in two years as crack spreads narrowed
Ethylene-naphtha spread slightly increased by about 3%
from USD275/ton in 1Q23 to USD282/ton in 2Q23
Olefin prices have plunged with
The 2Q23 PLATTs index
double digit declines for propylene
decreased by approximately
spot prices across all regions
7% in comparison with the
previous quarter
Hizmete Özel (Dış Taraflar)
5
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Petkim Petrokimya Holding AS published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 05:24:07 UTC.
Petkim Petrokimya Holding AS is a Turkey-based petrochemical company. The main product groups are Low-density polyethylene (LDPE); High-density polyethylene (HDPE); Polyvinyl chloride (PVC); Polypropylene (PP); Masterbatches; Olefins; Fibers, and Aromatics. The Company also produces other chemicals, such as caustic soda. The Companyâs products are used in construction, electricity, electronic, packaging, textile, medical, automotive, agriculture, dying, detergent and cosmetic sectors. Petkim Petrokimya Holding AS operates a network of primary manufacturing plants, and auxiliary units, including a waste water treatment unit and a nitrogen and air supply unit. The Companyâs products are exported worldwide to Europe, the United States, Africa, the Middle East, Asia and the Far East.
PETKIM PETROKIMYA HOLDING ANONIM SIRKETI 
