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>Difficult period for the international plastics sector draws to a close / Global crisis hits players hard / Asia moves closer into focus / Industry's structure is rapidly changing / Hopes for the future pinned on 'K 2010'
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Difficult period for the international plastics sector draws to a close / Global crisis hits players hard / Asia moves closer into focus / Industry's structure is rapidly changing / Hopes for the future pinned on 'K 2010'
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机译:国际塑料行业的艰难时期即将结束/全球危机给参与者造成了沉重打击/亚洲越来越关注/行业结构正在迅速变化/对“ K 2010”的未来寄希望
If it were possible to simply delete difficult years from memory, 2009 would be a top choice. Following the crash the previous autumn, that hurtled most plastics industry players from historic peaks into the depths of the "Great Recession", many of them suddenly faced liquidity problems. Insolvencies among European converters and Chapter 11 filings by big US names put faces on the misery. Without government stimulus packages and labour market mechanisms such as short-time working, the result might have been mass unemployment and a repeat of the 1930s Great Depression.
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