Borealis

Plastics producers face a ‘wake-up call’ from both ends of the value chain

Plastics producers have had a great run over the past 60 years, as demand took off for their products. But now globalisation is being replaced by sustainability, and they risk being left with an out-of-date business model, and falling revenues. Upstream, refinery closures are gathering pace as electric vehicle sales accelerate Downstream, brand owners and

Europe in "10-year stagnation period, just like the Japanese"

The blog today tips its hat to Borealis CEO Mark Garrett, who becomes the first major company boss to publicly accept that Europe is following Japan into a prolonged period of economic slowdown. He told ICIS news:

“I believe Europe has entered a 10-y…