xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

ANNEX IIIU.K.Historical activity level for specific benchmarks referred to in Articles 15(8) and [F117(1)(f)]

4.The product-related historical activity level for the baseline period for products to which the steam cracking product benchmark as referred to in Annex I applies shall be determined according to the following formula:U.K.

whereby:

HALHVC,net

:

historical activity level for high value chemicals net of high value chemicals produced from supplemental feed expressed in tonnes of HVC

HALHVC,total,k

:

historical activity level for total high value chemicals production in year k of the baseline period expressed in tonnes of HVC

HSFH,k

:

historical supplemental feed of hydrogen in year k of the baseline period expressed in tonnes of hydrogen

HSFE,k

:

historical supplemental feed of ethylene in year k of the baseline period expressed in tonnes of ethylene

HSFO,k

:

historical supplemental feed of other high value chemicals than hydrogen and ethylene in year k of the baseline period expressed in tonnes of HVC