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Can China still attract polymer investments?
The recent announcement by energy major BP saying it is looking to divest its 50% stake in its Chinese petrochemicals joint venture SECCO raises two questions: One, is BP’s move a prelude to a wave of divestments by global producers in China’s...Read
Asia's polymer producers add value for higher margins
Polymer producers in Asia, most of whom are integrated to naphtha, have been in a celebratory mood in recent months. The plunge in oil and naphtha prices has resulted in a significant reduction in their feedstock costs and caused their margins to improve...Read