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Page added on September 14, 2020

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Why ‘peak oil’ may coincide with ‘peak plastic’

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BP’s new energy review suggests the world is heading for ‘peak oil’ while the same trends may mean we have also reached ‘peak plastic’.

  • ‘Peak oil’ may coincide with ‘peak plastic’ as circular economy undermines demand for virgin petrochemicals
  • Lower oil production will impact availability of chemical feedstock
  • Expect shift to renewables to impact chemicals demand from automotive
  • Why China’s new five year plan meeting is as important as the US elections
  • Lockdowns are not the best way out of the pandemic

Listen to this podcast interview with Paul Hodges chairman, International eChem and author of the pH Report; John Richardson ICIS senior consultant, Asia and ICIS Insight editor, Nigel Davis.

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS

Read this week’s ICIS Chemical Business



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