Word: materiales
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For many, that slump is already here. Jung Jun Ki, 65, owns a factory south of Seoul that makes plastic containers such as lunch boxes and trash cans, which are produced using oil-derived polypropylene. Jung, whose factory employs about 50 people, says as many as 40% of Korea's...
Crude oil is the single most important raw material for the chemical industry. So when oil prices rise sharply?as they have over the past few months?chemical companies usually feel the pinch hardest. But when the big German chemical firm Degussa announced its earnings last month, the news was...
Despite record-high oil prices, most economists expect the world economy to grow by at least 4% this year. While that's down from last year's stellar 5% growth, it's more than double the euro zone's growth rate and is enabling companies such as Degussa and its...
Ever since the 1700s, when doctors discovered bony material in heart vessels, physicians have known that some blood-vessel cells can morph into bony tissue. Now we know that excess cholesterol tends to trigger this process in the arteries that feed the heart. Calcium can then build up in the...
Brazil's Tramontina has joined the global trend of outsourcing, with a curious twist: the cookwaremaker is moving manufacturing jobs to the U.S. Tramontina last month reopened a shuttered plant in Manitowoc, Wis., and plans to move both line production and raw-material processing there from China. "Once we started...