Inaplas deputy chairman Budi Susanto Sadiman said here on Sunday that petrochemical industries in many other countries including China, Thailand, and Malaysia also suffered a setback in 2012 on weak demand.
Sharp fall was recorded in profit on soaring price of the main feedstock naphtha, while producers could not raise the selling prices of their end products, Budi said.
He said the rise in the price of naphtha followed the soaring prices of oil in international markets. (*/M038)
: Nyoman Budhiana
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