5 key trends in styrene to follow in H2 2022
With China chasing its goal of achieving self-sufficiency, we’ve seen multiple new styrene mega-capacities come online since 2019. The impact of this capacity addition is already being felt across the global market. Ongoing geopolitical turmoil has been driving feedstock and energy prices upwards, compounding effects of rising inflation rates and production costs. In this insight we analyze effects of mentioned events to styrene and derivatives markets.