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The Week in Chemistry: US PE contracts seen rising US$0.03/lb for January, PP producers seek US$0.03/lb contract hike in addition to cost-related increase; China recovery seen driving demand for propylene, durable plastics, paraxylene

Specialty chemical distributor R.E. Carroll acquires RHD Polymer and Chemical, a maker of specialty elastomers and additives serving the elastomer and plastics industries

PE, PP supply originating from Middle Eastern gulf region will likely be curbed amid upcoming plant closures between January and March 2023; PP prices CFR East Med raffia average US$935/tonne, LLDPE averaged US$1,025/tonne: ICIS

Europe PS contracts for January increased by €100-€130/tonne, following styrene's €115/tonne price increase: ICIS

US PET demand starts 2023 weak amid ongoing high inventories, but is expected to grow seasonally in the summer; prices evaluated at US$0.64-US$0.75/lb DEL for US bottle grade: ICIS

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