Geopolitical conflicts in the Middle East have pushed up costs, and demand for high-end polyolefin elastomers (POE/POP/OBC) has bucked the trend
The ongoing geopolitical conflict in the Middle East is reshaping the market landscape of the plastics and chemical industries. The turmoil in the Strait of Hormuz has pushed international oil prices above $100 per barrel, significantly driving up the cost of upstream monomers such as ethylene and octene. However, high-end polyolefin elastomers (POEs), polyolefin plastics […]