PODCAST: Biden ushers in global era of low carbon for chemicals

Author: Will Beacham


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

Click here to listen to the podcast

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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Read the latest issue of ICIS Chemical Business.

Read Paul Hodges ICIS Chemicals and the Economy blog.

Read John Richardson's Asia Chemical Connections blog.

Interview by Will Beacham