Massive amounts of new capacity hitting the market at a time when demand for basic plastics and chemicals actually contracted on a year-over-year basis likely mean that pricing power will not return tto resin producers until 2013, as per Gary Adams, CMAI, in his keynote address to the SPE 2010 International Polyolefins Conference as reported in plasticstoday.
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Tuesday, March 02, 2010
Pricing power unlikely to return to resin producers until 2013
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