Stormy Outlook

Capacity and production in the U.S. Plastics Production Corridor, an area which runs along the U.S. Gulf Coast in Texas and Louisiana, are forecast to grow to 2035, despite increasing climate risks from storms, sea-level rise and storm surges, causing the growing possibility of stranded assets of USD 16 billion in the short-term (by 2021) and USD 45 billion over the mid-term (by 2025).