LyondellBasell's MTBE market margins in Northwest Europe in the fourth quarter of 2015 were down sharply year on year, according to the company's earnings report.
The company's Q4 2015 MTBE market margin in Northwest Europe stood at $176.8/mt, down 54.4% year on year.
In 2015 as a whole LyondellBasell's MTBE market margins in Northwest Europe decreased to $302.1/mt, down 9.5% on the year.
LyondellBasell's combined production volumes of MTBE/ETBE in 2015 increased by 15.2% year on year, the report showed.