Are we approaching a new era in polymer pricing?
According to the trade body Petrochemicals Europe, an amazing 95% of manufactured goods are dependent upon the use of petrochemicals, of which plastics and polymers are a significant part. Whilst many are neither aware nor perhaps willing to accept such reliance, it appears the producers of these materials are, for the time-being at least, able to optimise the economics of this reliance.
In fact, many of the oil producing companies with downstream petrochemical operations are for once enjoying more significant returns on these assets as the price of petrochemicals remains high in comparison to the predominate raw material of crude oil.
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A monthly publication looking at key factors that affect UK polymer markets.
The concept of a user friendly market report came from feedback about an article published in PRW (Plastics & Rubber Weekly) about the 2011 market outlook to which Plastribution made a significant contribution.