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2016 December

2017: The year the new PE capacity becomes a reality

December 28, 2016

Source: Frank Esposito Department: Plastics News The North American avalanche of polyethylene heard rumbling in the distance in recent years will become reality in 2017. The question now becomes how much of this material will need to be exported outside of the low-growth domestic market – and what impact this deluge of material will have …

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U.S. shale companies to boost spending as banks loosen purse strings

December 28, 2016

Source: Swetha Gopinath Department: Reuters Africa Dec 28 (Reuters) – U.S. shale drillers are set to ramp up spending on exploration and production next year as recovering oil prices prompt banks to extend credit lines for the first time in two years. The credit increase is small, but with major oil producers worldwide aiming to …

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