Taiwan Petrochemicals Market Market Investment Opportunities, Future Trends, Business Demand and Growth And Forecast 2030
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The petrochemical business cycle is highly dependent on economic conditions. Even though most petrochemical firms' activities were essentially normal, overall revenues were down roughly 20%. Formosa Group, one of the country's most well-known businesses, suffered a series of plant mishaps; on the other hand, CPC Corp. sustained a significant loss as a result of the government's decision to freeze oil prices.
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