As EU and US leaders seek to protect regional industries from global oversupply, more trade barriers may protect chemical producers in Europe and the US.

- Expect more trade wars, more regional isolation

- Chemical industries may be protected from global competition

- Companies should bid for EU funding for investments

- UBS analysts forecast 4-5% growth in European chemicals volumes this year

- Claim end in sight for longest destocking period in 30 years

- Europe purchasing manager indices (PMIs) still in decline

- Industrial gas consumption rising in Germany

- Europe gas prices potentially falling below pre-war average

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