Global olefins: 6 key sensitivities to our supply outlook
Driven by ongoing coronavirus outbreaks, the Russia/Ukraine war, significant energy volatility, weakening macroeconomic indicators and constrained global logistics channels, the global olefins industry is moving through a perfect storm of risk. This insight will focus on how these combined factors could play into the profile of global olefins capacity through the 2020s. Our base case in general follows a profile of over-investment in the first half of the decade, followed by under-investment in the second half of the decade. The insight will address how 6 key sensitivities could influence our base case April 2022 SPO supply outlooks.