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Oil Shock Hitting Plastics in First Sign of Demand Destruction

(Bloomberg) Stratospheric oil prices are flowing through into the plastics industry with producers reducing activity as profit margins collapse, a first sign of the demand destruction that may spread to other sectors.

Aromatic Solvents Market Size to increase over $ 950 Mn between 2021-2025 | Evolving Opportunities in Specialty Chemicals Industry

Aromatic Solvents Market Size to increase over $ 950 Mn between 2021-2025 | Evolving Opportunities in Specialty Chemicals Industry
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Aromatic Solvents Market Size to increase over $ 950 Mn between 2021-2025 | Evolving Opportunities in Specialty Chemicals Industry

Aromatic Solvents Market Size to increase over $ 950 Mn between 2021-2025 | Evolving Opportunities in Specialty Chemicals Industry
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Return of Iranian Oil Sets Up Battle for South Korean Market

(Bloomberg) The likely return of Iranian oil is setting up what promises to be an aggressive battle to supply a corner of the coveted Asian market.Iran is a major producer of condensates ultra-light oil that’s a by-product from natural gas fields and South Korea is Asia’s biggest operator of splitters designed to turn it into petrochemicals used to make plastics.SK Innovation Co., Hanwha Total Petrochemical Co. and Hyundai Oilbank Co. used to favor Iran’s South Pars condensate due to pl

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