Ethylene Prices in Pakistan
Pakistan has official religion of Islam and is the second-largest Muslim country in the world. Ethylene can be used in the industries of polymerization, synthetic fibers, softening, solvents, antifreeze and alcohol. Pakistan, a member of the World Trade Organization since 1994, has substantially reduced tariffs on imported goods since 1998. One of the primary uses of ethylene is as a feedstock for the production of plastics
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Pakistan's GDP growth rates have seen a steady increase over the past five years. The first synthesis of ethylene gas compounds (dichlor and ethane) was performed in 1795 by a Dutch chemist. All kinds of investment banks and financial development institutions and investment funds are responsible for transferring money and capital flows in the country. West Asia, specifically countries like Saudi Arabia, Qatar, and Iran, plays a significant role in the global petrochemical industry