The global chemical sector is likely to experience an extended downturn alongside low oil prices seen in the beginning of 2020. Energy company Shell, which also produces chemicals, has revised its 2020 capital expenditure allotment to be 20 percent lower than originally planned in light of the downturn of the global market in conjunction with low oil prices and the coronavirus crisis.
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ICIS. (March 31, 2020). Capital expenditure reduction of selected chemical producers worldwide in 2020 as a result of coronavirus impact (in percent) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1109114/global-chemical-producers-capex-decrease-share/
ICIS. "Capital expenditure reduction of selected chemical producers worldwide in 2020 as a result of coronavirus impact (in percent)." Chart. March 31, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1109114/global-chemical-producers-capex-decrease-share/
ICIS. (2020). Capital expenditure reduction of selected chemical producers worldwide in 2020 as a result of coronavirus impact (in percent). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1109114/global-chemical-producers-capex-decrease-share/
ICIS. "Capital Expenditure Reduction of Selected Chemical Producers Worldwide in 2020 as a Result of Coronavirus Impact (in Percent)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 31 Mar 2020, /statistics/1109114/global-chemical-producers-capex-decrease-share/
ICIS, Capital expenditure reduction of selected chemical producers worldwide in 2020 as a result of coronavirus impact (in percent) ÌÇÐÄÆƽâ°æ, /statistics/1109114/global-chemical-producers-capex-decrease-share/ (last visited July 22, 2026)
Capital expenditure reduction of selected chemical producers worldwide in 2020 as a result of coronavirus impact (in percent) [Graph], ICIS, March 31, 2020. [Online]. Available: /statistics/1109114/global-chemical-producers-capex-decrease-share/
