Europe PE faces falling demand, higher capacities as fortunes with PP diverge

摘要

LONDON (ICIS)--The European polyethylene (PE) and polypropylene (PP) markets have so far survived relatively unscathed the pandemic-induced recession, but the true testing times are yet to come as weakening demand meets increased capacities. Moreover, the two products’ outlooks are likely to diverge as some downstream sectors recover quicker than others.