Plastics

Expectations for the plastics industry in 2008 are mixed, “with a strong first quarter and prices declining over the rest of the year,” says Sebastian Castelli, analyst at Société Générale (London). Upcoming capacity increases and an easing of economic growth will characterize the market this year, while volatile energy markets will compel producers to maintain margins through “operational efficiencies,” Castelli says. Markets for polyethylene (PE) and polypropylene (PP) remain balanced but significant capacity...

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