Chinese Plastic Excess Weakening Oil Growth Mechanism

Workers produce plastic horns, also known as vuvuzelas, at a factory in Ningbo, Zhejiang province, China, Thursday, June 14, 2012.  (Nelson Ching/Bloomberg)

Workers produce plastic horns, also known as vuvuzelas, at a factory in Ningbo, Zhejiang province, China, Thursday, June 14, 2012. (Nelson Ching/Bloomberg) By Elizabeth Rowe, Kevin Crowley (Bloomberg) – The plastics industry, once touted as a major driver of global oil profits, has seen its margins plummet for years as China’s giant factories look set … Read more