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Development Status of Polypropylene (PP) Business

Market analysts say, polypropylene (PP) business will become a mergers and acquisitions under the global industrial hotspots. Dow chemical is currently looking to sell in the United States and Europe by four sets of PP and PP patent technology business, which may be in the field a hot a harbinger of future mergers and acquisitions.
PP compared with polyethylene (PE) in recent years is no longer obvious advantages in performance, and this trend continues. Moreover, with the current process of North America and the Middle East region cracking unit is an raw material, propylene supply is increasingly tense, and lead to propylene prices are rising. So PP the stress on the performance and the cost of production will lead to PP manufacturers to speed up the spin off business or a joint venture to improve competitiveness.

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