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  1. Petrochemicals: highs and lows of 2020

    ... petrochemical facility ZapSibNeftekhim. Wood Mackenzie estimates that global demand for polyolefins will see a 2.7% decline year-on-year, shrinking by 3.3 mt in 2020. The experts believe that it may recover to the level of 2019 as soon as 2021. The situation looked a bit dire for the rubber market, given the downturn for their biggest consumer – the automotive industry. However, the pandemic stimulated demand for rubbers from manufacturers of medical products and gloves, which partially offset ...