In the May 2020 edition of the ADI chemicals newsletter, we highlighted the continued global economic weakness in Q2 2020, with GDP forecasted to shrink 3% and auto sales and PMIs down across most regions. It covered rising demand for hot melt adhesives and insights from ADI’s petrochemical webinar on navigating COVID-19.
Industry updates include major project delays by Shell, Pembina, Celanese, and Methanex due to the pandemic. Meanwhile, ExxonMobil, LyondellBasell, and AGIC push forward with significant investments in China and Saudi Arabia, reflecting mixed momentum across the chemical sector.
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