PODCAST: Vaccine packaging could boost demand for PP, but not enough to compensate other losses

BARCELONA (ICIS)–Manufacturing hundreds of millions of coronavirus vaccine shots could boost demand for polypropylene (PP), but not enough to compensate for losses in other end use markets.

• Coronavirus vaccine packaging may boost demand for PP
• Will not be enough to replace lost demand from other end uses
• Refinery closures to restrict petrochemical feedstocks
• End-use markets shifting to renewables, low carbon technologies
• Danger fiscal tightening could stifle recovery, increase unemployment
• Current wave of lockdowns not as damaging to economies
• Lack of visibility on demand patterns beyond Q4

Podcast interview with Rhian O’Connor, ICIS lead analyst for demand modelling and Paul Hodges, chairman of New Normal Consulting.

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.

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Read Paul Hodges ICIS Chemicals and the Economy blog.

Interview by Will Beacham