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The transfer of LyondellBasell's European assets to Velogy has introduced fresh uncertainty for buyers of adhesive raw materials. Procurement teams sourcing European EVA, VAM and acrylic acid should closely monitor production plans at the French and German cracker sites.
The industry started the year stunted by the petrochemical downturn. But the war in Iran
India's downstream petrochemical manufacturers enter July with a new cost structure as import duties return across key raw materials. This analysis explains how the reinstated duties affect plastics, textiles, pharmaceuticals and procurement strategies while lower crude prices help soften the overall impact.
