Plastic manufacturers face threat of closure
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15/06/2008
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Hindu (New Delhi)
BLEAK FUTURE: Plastic products on display at a shop. Plastics have perhaps the widest possible application in day-to-day life. When international crude prices zoom and the prices of petroleum products get revised, little do people realise that dozens of other smaller and much bigger products also get affected. All of them are made from petrochemical products and the price rise hits them too. The plastic manufacturers and converters depend for their raw materials on just three petrochemical plants