Industry News

10 December 2025 - 08:35
Petrochemical firms must consolidate amid losses; demand recovery unlikely in short-term

SINGAPORE (ICIS)–Petrochemical markets are not expected to recover in the short-term and firms need to accept restructuring as a necessity, an ICIS analyst said.

Petrochemical firms must consolidate amid losses; demand recovery unlikely in short-term

“They need to make the difficult decisions and resize themselves accordingly,” said Alex Lidback, vice president and head of chemical analytics at ICIS.

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