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Chemical Week Magazine :: Viewpoint
10:22 AM MDT | October 12, 2012
Our cover story this week assesses polypropylene’s prospects (PP) as growth rates slow, but still handily exceed GDP. The polymer’s versatility continues to expand applications, particularly in automotive, offsetting the challenges of higher propylene feedstock costs. IHS Chemical expects global demand growth rates for PP to average 5.1%/year through 2016. This compares with 5.7%/year in the 2000-07 period. “Slow and steady demand destruction in developed markets will be offset by healthier demand growth rates in developing markets like China...
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