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Asian Chemical Connections

MEG reacts to Taiwan developments

By Malini Hariharan Spot monoethylene glycol (MEG) markets have quickly reacted to news that Nan Ya Plastics, an affiliate of the Formosa Plastics Group, has been ordered by the Taiwanese government to shut down two plants. Prices surged by $15-30/tonne to $1,140-1,160/tonne CFR China, reports the blog’s colleague Becky Zhang on ICIS news. Nan Ya […]

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