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03 AUG 2026 MONDAY
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Most conventional plastics are made from oil and gas and production costs have increased recently as a result of the closure of the Strait of Hormuz in the Middle East. That means when the price of those raw materials rise, the cost of producing plastic often rises too, creating incentives to reduce wasteful use, expand ...
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news Hellenic Shipping News ·2026-05-08

Oil, plastics and climate: Why higher prices could speed a materials transition

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