Iran is readying the ground for resumption of petrochemicals exports as the nuclear deal it’s struck with six world powers, including the US, calls for lifting the sanctions that have throttled the country’s sales abroad and shrunk its economy by 20%. As Platts...
Wild Card in Polyethylene Trade: Iran Sanctions
Market watchers trying to factor in Iran’s potential return to global markets in oil, gas and petrochemicals have no choice but to spin many an alternative scenario. Limited sanction relief provided by November 2013’s Geneva Interim Agreement has resulted in limited...
The Curious Case of the Cactus Bar in Vilnius
The US consumes most of what Mexico produces, but global markets are demanding a share of tequila. BusinessWeek reports that Mexico’s distillers are primed to conquer the Chinese market, now that China’s government has ended restrictions that blocked imports of the...