Over the past five years, the bio-based industry has suffered as a result of consistently low oil prices. Despite worldwide crude oil prices projected to remain around $60/barrel and $70/barrel, price volatility in the intermediate chemicals market and demand for more environmentally friendly products is driving continued interest in bio-based or renewable alternatives.
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Bio-Based Intermediate Chemicals 2019 Update
By:
Analyst
Associate Research Director
Over the past five years, the bio-based industry has suffered as a result of consistently low oil prices. Despite worldwide crude oil prices projected to remain around $60/barrel and $70/barrel, price volatility in the intermediate chemicals market and demand for more environmentally friendly products is driving continued interest in bio-based or renewable alternatives.
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Bio-Based Intermediate Chemicals 2019 Update
By:
Analyst
Associate Research Director
