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In 1953 Mexican and American investors formed a Mexico-based company that handled high carbon steel wire ropes. By 2005 the company became MexiChem, buying up dozens of smaller companies that handle industrial chemicals, including polyvinyl chloride
ReadHot global polymer demand that pushed prices to record highs since mid-2020 started cooling in 2022 amid rising interest rates, high inflation and less-than-stellar timing of new production startups
ReadIt took a global pandemic’s pent-up demand, supply disruptions on extreme weather, cheap borrowing costs and Russia’s invasion of Ukraine to send worldwide polymer prices to all-time highs since mid-2020
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