Chemical and Oil Companies To Slash Capex, Slowing Investment Wave

Chemical and Oil Companies to Slash Capex, Slowing Investment Wave

Crowley

In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending (capex) for growth projects to preserve cash. As a result, the U.S. and global chemical investment wave looks to slow considerably in the years ahead….

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Global Editor - ICIS Chemical Business
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