The global economy and chemical industry growth

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Overall chemical industry demand has weakened recently. There are heightened risks that it could weaken further if global macroeconomic conditions continue to deteriorate. Ongoing coronavirus outbreaks, the Russia/Ukraine war, significant energy volatility and constrained global logistics channels have all acted as shockwaves to the market. A major question on the lips of the industry is could this cocktail of factors lead to the 'R' word for the economy and with it significantly drag down chemicals consumption. In this insight we discuss:

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