Webinar: Global olefins: analyzing the current investment cycle and path to 2050 for the global olefins industry
A structural landscape shift is unfolding in the global olefins market as the resilience and support observed through coronavirus, transition more into an energy shock through the supply chain. Concerns are present around cost transmission down the chain in a higher inflation type environment. This is taking place against the backdrop of a global overinvestment in olefins capacity, through the first half of the decade. Industry-wide margin compression and localised capacity rationalisation are potential outcomes. Wood Mackenzie’s global olefins team discussed during this webinar how we see the different markets evolving both through the current investment cycle and beyond. Key factors shaping the long-term outlooks have been discussed, with a focus on how sustainability will increasingly play a significant role in each key market.