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Czech Republic Petrochemicals Q3 2018

Czech Republic Petrochemicals Q3 2018

BMI View:

The beginning of production at the company's new PE3 polyethylene unit, due to be completed in December 2018, willfuel polymer production in 2019. While production will be supported by the strength of the country's manufacturing sector,particularly the automotive industry, there are risks posed from the supply side in the form of rising feedstock costs and on thedemand side as export-orientated industries see competitiveness put under strain by the rising value of the koruna.


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