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New towns and toilets spell boom time for Asia's plastic makers
Published Wed, Nov 16, 2016 · 09:50 PM
Seoul
FROM India's plan to plumb in over 100 million toilets in six years to China's ambitious new Silk Road network and the continued movement of millions of people into cities across Asia, plastic makers face years of strong demand.
And, because they are closer to end-users and manufacturing hubs, Asian petrochemical makers are best placed to ride the boom. Their profits and share prices are rising and they're investing in new projects to expand their business.
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