Friday, June 18, 2010

Performance of automotive and construction sector to determine recovery of US petrochemicals

Recovery of the US petrochemicals market began in H2-09 led by linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE), but in the long-term the market will be determined by the pperformance of key petrochemicals consuming industries such as car production and construction which have witnessed significant set-backs due to the recession, according to Business Monitor International’s Report.

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