Episode 629: Think Tank: Can chemical industry rise to the challenge of a low carbon future?


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The chemical industry faces an uphill battle to transform itself quickly enough for a low carbon future, but it is a battle it must win. - Study by Germany’s nova Institute suggests 100% of plastics production could be low carbon by 2050 - But faces formidable supply chain and technological challenges - Developing world will fail to improve recycling without massive investment - Strong demand growth may absorb waves of new polyethylene (PE) capacity - Europe seeing strong chemicals demand, some markets normalising - Supply chain disruption continues to crimp supply - Coronavirus resurgence in southern China hits ports