Edited By WION Video Desk
Published: Aug 09, 2024, 21:05 IST | Updated: Aug 09, 2024, 21:05 IST
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World Business Watch Aug 09, 2024, 21:05 IST
Petrochemical makers battle global oversupply crisis after margins dip
Petrochemical manufacturers in Europe and Asia are in survival mode, as years of capacity buildup in top market China and high energy prices in Europe have pushed margins lower for three years in a row, compelling businesses to merge.
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