Iran war promises green edge for Asia as plastic packaging runs short
By Minwoo Park, Kaori Kaneko and John GeddieSEOUL/TOKYO, April 15 (Reuters) - An 'eco-friendly' range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped unexpected benefit from the Iran war, which has disrupted supplies of the plastic needed to turn out single-use wrapping.While the conflict has sent prices of plastic soaring to roughly four-year highs by choking off flows of the required raw materials of oil and petrochemicals, the company says it has fuelled inquiries three-fold for paper-based options.
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