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Column: Location is king for crackers of the future

The success of crackers today depends on access to feedstocks, but that's changing as more nations adopt bans on single-use plastics, and trade becomes increasingly fractured, writes John Richardson. The maturation of chemical and mechanical recycling is expected to cut into the demand for new crackers and the US and China appear to be moving to permanently fractured trade zones, which means companies will have to build projects in local markets where they rely less on exports.

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