Part 1: unlocking the value of refinery-petrochemicals integration
Chemical markets are all underwater, so something must change
1 minute read
Catherine Tan
Principal Analyst, Asia Olefins
Catherine Tan
Principal Analyst, Asia Olefins
Catherine is responsible for Wood Mackenzie's ethylene and propylene analysis in Asia.
View Catherine Tan's full profileThe first video in this series 'chemical markets are all underwater, so something must change' discusses where we can expect chemical margins to end up this year and what producers can do to tide through the downturn.
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The petrochemicals industry finds itself at an unprecedented crossroads, grappling with a downturn that has led producers to make tough decisions, including idling capacity and scaling back operations.
This challenging landscape is evident across a range of critical chemical value chains, including olefins, polyolefins, styrene, and the polyester raw materials.
In part 2 of the series, we explore 'What is the current state of the ethylene industry?'