Patrick Thomas Bayer 600

Thomas: Financial crash ‘still impacting polymer supply, prices’

London – The financial crash of 2008 continues to cast a shadow over the petrochemicals industry, believes Covestro CEO Patrick Thomas, who links current tightness in feedstock markets to the interruption in the investment cycle of almost a decade ago.

“The financial collapse came at a time when people should have been making investment decisions about new facilities that would have come on stream in the last few years,” Thomas said at a recent press briefing in London.

This, he said, led to “nothing being built” up…

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