COVID-19 Chemicals November 3, 2020The industry’s profits dropped by 44 percent going into 2019 because of overcapacity and declining demand. If there’s a muted recovery from COVID-19, the industry could see an additional 16 percent slide. It would take until 2023 to return to 2019 profits. To read the article, see “The impact of COVID-19 on the global petrochemical industry,” October 28, 2020.