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The petrochemical industry has been trying to save itself by attempting to rapidly expand demand for plastic products worldwide (i.e. through pushbacks on plastic bans and by increasing the number of products wrapped in plastic in countries where plastic use is not already as widespread (i.e. developing nations)). [5]
The basic raw materials required for the production of sports goods, are leather, wood, glue, nylon guts, rubber and chemicals. Out of these, leather and various kinds of wood are abundantly available in Pakistan. The industry annually utilises materials worth Rs. 8 billion including imported raw material. Exports This industry is one of the ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
The plastic industry includes the global production, compounding, conversion and sale of plastic products. Although the Middle East and Russia produce most of the required petrochemical raw materials, the production of plastic is concentrated in the global East and West. The plastic industry comprises a huge number of companies and can be ...
On 3 January 2012, the FDA ordered 35 manufacturers of these mesh products to study the side effects of these devices. Due to the outbreak of the COVID-19 pandemic in 2020, the demand for PP has increased significantly because it is a vital raw material for producing meltblown fabric, which is in turn the raw material for producing facial masks.
In 1987, the company merged Paintex Limited, ICI Pakistan Manufacturers Limited, and Imperial Chemical Industries Limited into a single entity. [ 3 ] In 1995, ICI Pakistan Limited set up a US$ 490 million PTA manufacturing facility at Port Qasim , near Karachi , which was commissioned in 1998 to manufacture purified terephthalic acid (PTA) in ...