Chemical Week Magazine :: Cover Story
Polystyrene demand swings back on renewed growth in Asia
6:56 AM MDT | May 23, 2014 | —Clay Boswell
the polystyrene (PS) market has been tough. Prices have doubled in the last 10 years, opening the door to competition from alternatives such as polypropylene (PP) and polyethylene terephthalate (PET). Worldwide PS demand has declined even as production capacity has grown well beyond market requirements. Margins have begun to recover, however, and IHS Chemical projects demand will grow for the rest of this decade. Current conditions are generally satisfactory, say producers. “We’ve seen strong business growth so far this year—particularly in...
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