BASF Fires A Warning Shot About the Global Economy

The video discusses the current state of the petrochemical industry, focusing on demand dynamics and the roles of China and the US. It highlights China's increased production due to heavy investments and the impact on global margins. The discussion also covers the effects of the US-China trade war and the long-term growth expectations for petrochemicals despite government actions to reduce plastic use.

What are the implications of the new wave of petrochemical plants coming online in the US?

In what ways has the trade war between the US and China impacted the demand for petrochemicals?