IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Benzene

Plastics

9:20 AM MDT | July 30, 2007 | Peck Hwee Sim

Global Earnings to Rebound Earnings for the global plastics industry will rebound this year, following price declines in the past few months due to inventory destocking and falling energy prices, analysts say. Prices could rise in the early part of the year, as inventories thin out, and buyers return to the market, they say. “There will be inventory restocking in North America early in the year, and this will allow producers to implement price increases,” says Howard Rappaport, global practice leader/thermoplastics at CMAI (Houston). “This could...

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