INFOGRAPHIC: Middle East war disrupts polymer feedstock supplies

The Middle East war has disrupted the supply of polymers to key export destinations, while the introduction of war risk premia on cargoes and a near-halt in vessel movements through the Strait of Hormuz have led to a global spike in freight rates. The region holds around 15% of global polyethylene capacity, while its share of global polypropylene capacity is 9%. On March 14, Iranian authoritiesThe Middle East war has disrupted the supply of polymers to key export destinations, while the introduction of war risk premia on cargoes and a near-halt in vessel movements through the Strait of Hormuz have led to a global spike in freight rates. The region holds around 15% of global polyethylene capacity, while its share of global polypropylene capacity is 9%. On March 14, Iranian authoritiesRead More