United States Petrochemicals Q1 2019
The US's trade war with China is set to frustrate plans for export-led growth in US petrochemicals production. Thepremise of growth has been global free trade and the tit-for-tat tariffs being put up by the US and China threaten key markets fornew capacities. Increased risk is unlikely to affect projects that are too advanced to be abandoned, there is potential for delays inprojects that look to see margins diminish due to a glut on external markets. The situation could change in 2019 if the trade war issustained or deepened.
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