Preface: So, I was asked if we can somehow tie Moon Day with petrochemicals. I said that I’m pretty sure space suits are made from synthetic materials, so that’s a pretty good tie-in.
Narratives that pit the refining and petrochemical industries against electric vehicles (EVs) ignore the symbiotic relationship of these industries. If you review the history of EVs – you will see that refining and petrochemical companies have been foundational to the EV market all along and will continue to be far into the future.
Dallas was abuzz recently with more than a thousand refining and petrochemical industry leaders and top names from the worlds of news, politics and global economics convening for AFPM’s 2024 Annual Meeting. With the contentious 2024 election season, massive regulatory onslaught out of Washington, D.C., and the ever-changing and rebalancing global markets all discussed at the event, five key themes stood out.
If you read the headlines in the news lately — “Greenhouse Gas Emissions From Plastics Are Predicted to Rise,” “New Texas petrochemical projects add millions of tons of greenhouse gas pollution, report finds” — you’d think emissions from the petrochemical industry were getting worse.
