2024 Chemical Market Outlook with Steve Lewandowski of Chemical Market Analytics by OPIS
Episode description
Recorded from a livestream of The Chemical Show, host Victoria Meyer interviews Steve Lewandowski, VP of Olefins for Chemical Market Analytics by OPIS, a Dow Jones Company. Victoria and Steve discuss the complex outlook for the 2024 chemical market, exploring challenges and strategies present in the petrochemical industry. The discussion reflects on the uncertainties of the current economic and geopolitical climate and its significant impact on regional and global chemical markets.
Steve highlights the oversupply in the industry, regional strategies for export and domestic growth, and the complexities involved in managing market conditions amidst shifting economic challenges. The episode provides insights into cost competitiveness, sustainability practices, and the hurdles faced by the chemical industry in response to government regulations, helping to bring understanding to the intricate dynamics of the chemical market in the coming year.
Join Victoria and Steve to learn more about the following:
- Chemical Industry Outlook in 2024: Foggy
- Carbon Reduction Efforts
- Economic and Geopolitical Uncertainties
- Oversupply and Cost Competitiveness
- Carbon Emissions and Sustainability
Killer Quote:
“The challenge ahead is not just to navigate the market's fog, but it's also about steering the industry towards a sustainable future, balancing cost competitiveness with the imperative of reducing our carbon footprint.” - Steve Lewandowski***Don’t miss an episode: Subscribe to The Chemical Show on your favorite podcast player.
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