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Like many consumer products, PET Packaging Resin demand is strongly linked to the health of the global economy. Based on long-term correlations with GDP, PET consumption in 2020 might have been expected to fall by close to 10% overall – with demand...
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Since the start of 2020, we have seen Brent crude oil futures fall from just under $70/bbl to $23/bbl. MEG values followed, plummeting from $608/ton...
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The Covid-19 pandemic and the resulting disruption to economies around the world has had a major impact on global synthetic fibers demand – with a...
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Everything is uncertain and challenges abound for individuals, industries and society at large in the context of today’s COVID-19 pandemic....
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What is Covid-19 virus adding? In a previous promotion “What next for Polyester? What Is Changing in the Economy And Petrochemicals From 2019...
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Today’s MEG scenario reflects the different and difficult dynamics that will continue to impact and shape markets in the coming months and years.
