Market Report, "Hungary Petrochemicals Report Q2 2014", Published
The Hungarian petrochemicals industry is seeing an improvement in demand as the automotive industry shows stronger rates of growth and external market conditions brighten. In recent months, a low density polyethylene (LDPE) plant has been brought back online while construction has begun at a new butadiene unit, indicating that investors retain confidence in the country's diversifying downstream sector. The first 11 months of 2013 witnessed chemicals output growth of 7.4%, while plastic and rubber production declined by an average of...
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