‘Plastic shock’ hits Asia as Iran oil crisis strangles supplies
Shortage of petrochemical inputs drives up prices of packaging for food and medical products
Related reading
Gulf oil shock deepens crisis for Asia’s petrochemicals industry
Japan and South Korea exposed to shortages of key component for plastics
Chinese demand spurs US ethane exports to record high
Iran war leads to shortage of petrochemical feedstock naphtha, prompting plastic makers to hunt for cheaper alternative
Asia’s big economies brace for Iran war energy shock
Some of the world’s biggest fuel importers rush to secure oil and gas supplies as Middle East conflict chokes flow
German chemicals groups boost prices as Iran war adds to industry woes
Companies worry about effects of higher energy costs even as they get short-term advantage over Asian peers
Asia’s economic pain deepens as Iran war drags on
Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy
Asian refineries slash output as Iran crisis chokes crude supplies
Production crunch threatens to worsen regional shortages of jet fuel and diesel