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Mixed outlook for European petrochemicals in 2019 as market digests new trade...
US-China trade tensions were in the spotlight last year across commodity markets, and the petrochemicals sector was by no means untouched. Antidumping duties introduced by China on the imports of some...
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Tariffs frustrate US-China trade in plastic resins and finished products
Trade in polyethylene resin and finished products slowed in the fourth quarter of 2018, becoming a casualty of the US-China trade war. Last year, the Trump Administration launched a full-scale trade...
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Colombia halves major store plastic bag consumption, ramps up deterrents
Colombia’s consumption of single-use plastic bags at major stores more than halved in the past 18 months and the government is mulling greater deterrents to their use, as the outlook for applications...
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Europe’s plastic recycling drive pits consumer demand against economic realities
Recognition of plastic waste as a global problem has spurred legislation and industry initiatives in the last two years, and driven growth in demand for recycled plastics. When it comes to developing...
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Shale-fueled US plastics boom puts spotlight on sustainability
Virgin plastic production is thriving in the US, fueled by the North American shale boom. But the reversal of fortune for the US chemical industry has highlighted a bigger challenge amid widespread...
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Insight Conversation: Abdulrahman Al-Fageeh, Sabic
Sabic executive vice president of petrochemicals, Abdulrahman Al-Fageeh, talked with Claudia Carpenter about the outlook for the industry and Saudi Aramco’s pending takeover of 70% of the company for...
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Recycled plastics market will feel the heat from consumer demand in 2020
The global recycled plastics market will continue to grapple with unfavorable economics in 2020. In the long term, demand for recycled plastics is expected to grow significantly, along with recycling...
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China petrochemicals sector braces for global recession as coronavirus leaves...
The expected economic recession in the Asia-Pacific region triggered by the coronavirus pandemic will reverberate across the petrochemical supply chain as global demand grinds to a halt, even as China...
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Coronavirus threatens US plastics recycling as states cancel collections
The coronavirus pandemic has created a wave of complications for the recycled plastics industry and hampered short-term supply of plastic waste, with several US areas suspending recycling programs, and...
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Plastic recycling faces setback in California after COVID-19 disruptions
The US recycled PET market has begun to open up again, following significant disruptions at the height of the coronavirus pandemic that led to nine out of ten bottle bill states forgoing their...
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