Home Blogs Asian Chemical Connections

Asian Chemical Connections

Why HDPE and other petchem operating rates could remain at record lows until 2030

UNTIL I FULLY understood the potential supply and industry economics implications of converting a lot more oil into petrochemicals, what’s happening to demand and the extent of China’s future self-sufficiency, I used to present charts such as the one above to clients with the proviso: “The good news is that this chart will almost certainly be wrong”. NOW I AM NOT SO SURE

Winners and losers as demographics, debt, sustainability, geopolitics and crude-to-chemicals rewrite the rules of success

I BELIEVE WE are heading for the biggest period of change in the global petrochemicals industry since the 1990s.

This was when globalisation took off with the formation of the World Trade Organisation (WTO), when China’s economic boom began, when the global population was more youthful and before climate change became a major threat to growth.

Jump to page: