Trump Tariffs Force Much-Needed Petrochemicals Contraction

Ron Bousso Summary Petrochemicals supply to exceed demand by 20-25% by 2030 South Korea to cut capacity in reponse to US tariffs China considers closing loss-making plants (Reuters) – U.S. President Donald Trump’s trade wars are nudging the global plastics industry toward a painful but necessary restructuring to address acute overcapacity that has kept the industry’s profits … Read more