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Chemicals and the Economy

China’s PE market down 2.5% in H1

China’s surging demand led the chemical world out of recession and into boom territory. Its 53% increase in polyethylene (PE) demand between 2008 – 2010 (up 6.2 MT), was typical of the support it provided. But H1 2011 has not maintained this momentum, as the chart shows. Its PE demand was actually down 2.5% versus […]

Global chemical output returns to growth

The above chart, based on data from the excellent weekly American Chemistry Council report, highlights the changes in chemical production over the past year. November saw world production (black line) finally turn positive again versus the previous 12 months, for the first time since August 2008. For an industry used to steady growth in line […]

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