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Chemical Week Magazine :: Cover Story
Plastics: Emerging Demand Growth
2:00 PM MST | January 7, 2011
Plastics demand growth, at more than 5%/year, is expected to increase faster than global GDP through 2014, driven by the emerging economies, industry analysts say. â€śRobust demand for polyolefins has been led by China, Northeast Asia, and the Mideast, fueled by economic recovery,â€ť says Sanjay Sharma, director/India at CMAI (Dubai). The outlook for 2011-12 in North America remains positive with polyethylene (PE) expected to grow at a rate of 4%-5%/year through 2014, commodity producers say. Domestic supply is currently balanced to tight, pushing operating rates...
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