At the 2023 FlexPO+ (now incorporated into the ADI Forum), Uday Turaga, CEO of ADI Analytics, provided a comprehensive outlook on the chemicals markets. Key topics included the challenges in capital investment for sustainability and recycling, especially amidst declining growth rates in overall industry capital expenditure. The discussion highlighted a projected shift in capex toward markets with strong demand for recycled materials, such as PET. However, significant challenges remain regarding feedstock availability for recycling, particularly in meeting ambitious recycled content targets in regions like Europe.
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ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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