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Plastics industry M&A active as buyers and sellers find reasons to support their movesPlastics industry M&A active as buyers and sellers find reasons to support their moves
It's not exactly a war zone out there, but it sure is no cakewalk. That is the assessment that Bill Ridenour, president of Polymer TransAction Advisors Inc. (PTA) makes in his latest report covering the first six months of 2011 in the plastics industry. "With oil prices increasing (and likely to decrease) daily due to the instability of the Middle East, placing price pressures on converters and end customers, the plastic and chemical sector is a volatile place to be," commented Ridenour.
August 3, 2011
(PTA) makes in his latest report covering the first six months of 2011 in the plastics industry. "With oil prices increasing (and likely to decrease) daily due to the instability of the Middle East, placing price pressures on converters and end customers, the plastic and chemical sector is a volatile place to be," commented Ridenour. "We see oil prices continuing to fluctuate during the summer and beyond, barring a successful resolution of the Libyan political crisis."
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