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Petrochemical demand is up and prices are spiking

Resilinc

The last 18 months have been very good for petrochemical manufacturers—and not so good for their customers in a wide range of industries. This year has brought another round of pain for the vast array of manufacturers that depend on petrochemical inputs. Natural gas prices worldwide have also risen sharply, and in the U.S.,

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China’s Historic Silk Road is Resurrected from the Rubble

Elementum

In 2013, President Xi Jin Ping introduced an initiative to construct a modern-day equivalent of the Silk Road as part of the country’s 2030 Agenda for Sustainable Development. This will include a rail route stretching from Chongqing, China, through Kazakhstan, Russia, Belarus, and Poland to Duisburg in Germany.

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