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China Petchem Companies may suffer from possible decrease of exports to Europe in 2012

December 28/2011

(chemmonitor ) -- Chinese companies may suffer great losses in the following year due to a possible considerable drop in petrochemical deliveries to Europe, Chinese key export market.

A certain exports decrease is currently observed. It came as a result of the continuing debt crisis in the European region.

About 45 percent of polymers obtained by Chinese purchasers annually is converted into other products and forwarded to global end-users, mostly Europe-based ones.

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