“Some countries are more advanced than others when it comes to understanding the product and implementing sustainability policies. Indeed, there is not a single answer to this problem. Banning single-use plastics is one thing, but the problem is not the product – it is how you deal with it at the end of the life cycle, which applies not just to plastic, but also to any high volume product.”
“The petrochemicals industry is the sector that will drive hydrocarbons consumption over the next years. Large oil companies forecast flattened fuel demand, and this is why focus is increasingly placed on the petrochemicals business. Those companies that are vertically integrated, with feedstock production all the way to the downstream business, will be the most competitive ones."