Petrochemical & Refined Products Services – Gross operating margin for the Petrochemical & Refined Products Services segment was $143 million in the fourth quarter of 2012 compared to $137 million in the fourth quarter of 2011.The partnership’s propylene business reported gross operating margin of $34 million for the fourth quarter of 2012 compared to $44 million in the fourth quarter of 2011 primarily due to lower volumes and sales margins and higher operating expenses. Propylene fractionation volumes were 69 MBPD in the fourth quarter of 2012 compared to 75 MBPD for the same quarter of 2011. Related propylene pipeline volumes were 116 MBPD during the fourth quarter of 2012 compared to 119 MBPD in the fourth quarter of 2011.
Enterprise Reports Record Results For 2012
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