Measuring the impact of oil companies investing in petchems
Increasing numbers of traditional oil companies are investing in the petrochemicals market. The best example of this is Saudi Aramco, which is investing in both joint and wholly owned ventures globally.
What might this mean for the olefins industry?
Steve Zinger, SVP Chemicals at Wood Mackenzie Chemicals, discusses the affect that this will have on traditional petrochemicals players and pricing implications for commodity chemicals.
Watch the video below.
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