BARCELONA (ICIS)--The new US administration's commitment to the green agenda will help stimulate a new era of low carbon technology and markets for the global chemical industry.
- US now joins China and Europe in big push on climate change agenda
- Carbon taxes and recycling agenda will transform chemical industry
- US will show renewed global leadership
- Demand for virgin polyethylene (PE), polypropylene (PP) will fall as recycling takes off
- INEOS should therefore scrap its Antwerp ethane cracker project as well as the propylene dehydrogenation (PDH)
- Global supply chains could grind to a halt if China is forced into a new wave of lockdowns
- UK now suffering from post-Brexit end to frictionless trade
Interview with John Richardson, ICIS senior consultant for Asia 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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Interview by Will Beacham