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  1. Electric vehicles market overview

    EV sales in Far East Asia are expected to see a 78% growth in 2021, compared to just 4.8% in 2020. The automotive industry is a major customer for petrochemical plants, consuming rubber for tyres, plastics, adhesives, sealants and much more. For this reason, last year’s crash had a significant knock-on effect on the global production of specialty chemicals. This year, the tables are turned; we are seeing a new trend forming before our very eyes, which will reshape the car market and, thus, the...