Webinar - Changing fortunes in the oxo-alcohols industry
2020 has seen a reversal in the fortunes of most players in the oxo alcohol industry. Containment measures implemented during the first half of the year caused disruption to supply and a sharp drop in demand during Q2 as construction and automotive output fell as well as consumer spending due to lockdown measures. Q3 has seen strong recovery in demand in many sectors of the industry but question marks over demand growth and oversupply remain for Q4 and as we look into 2021.