According to a December 15, 2020 Chemical Week story an outlook report from Moody’s Investors Service notes that “… Business conditions for chemical manufacturers are expected to improve in 2021 … [The report] characterizes the outlook for credit quality as ‘stable,’ reflecting an improving operating environment but … sustained recovery in the global economy … is delayed until 2022 … Longer-term, environment, social and governance (ESG) will weigh more heavily on chemical makers …’Over a longer horizon, we expect that ESG-related factors will undercut demand growth for certain chemical products, especially single-use plastics’ …” #PlasticWaste #SingleUsePlastic #FoodPackaging #ESG
