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PP most likely plastic to shift in 2026
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PP most likely plastic to shift in 2026
Polypropylene is often overlooked or maligned in the recycling space, but geopolitical events have brought the polymer closer to the forefront even as most industry attention focuses on the bigger PET and HDPE sectors. PP producer LyondellBasell said during an earnings call on May 1 that 70% of global virgin PP capacity is affected by the Iran war, versus 20% of virgin PE capacity. As a result, LyondellBasell expects greater price increase pot…
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