Tom Brown

Tom Brown, Insights Editor at ICIS News, delves into the recent US-China tariff pause, shedding light on its implications for the chemical industry. He discusses how this temporary respite allows for resumed business operations while acknowledging that CEOs must strategize for a more protectionist global landscape. Tom analyzes potential spikes in demand and logistical challenges that may arise, alongside SABIC's strategic shifts, including asset sales in Europe and delays in facility upgrades. His insights provide a comprehensive view of the shifting trade dynamics.

Joining the discussion are John Richardson from ICIS, who examines the effects of declining oil prices on chemicals, Paul Hodges of New Normal Consulting, offering insights into the fundamentals driving this downturn, and Tom Brown, ICIS Insight Editor, explaining OPEC's production increase. They highlight how low oil prices could boost petrochemical demand and discuss the implications of China's transition to electric vehicles and the ongoing trade war, which may dampen overall chemical market growth.

James McLeary, Managing Director of Biffa Polymers, shares insights on the challenges facing the UK recycling sector amid plant closures, emphasizing the need for more support for local initiatives. Tom Brown, ICIS Insight Editor, discusses the EU-US trade deal's impact, revealing how it alleviates some tariff pressures but leaves many questions unanswered. The conversation dives into the potential of the Wilton chemical site for a circular economy and the struggle for workers amid rising competition and regulatory changes.