Experts say the supply chain will not return to the way it was before the pandemic

Prices will go up, congestion will continue, and equipment will remain scarce, said Lynn Stacy, a speaker at OEC Group. All of these factors are playing out in today’s supply chain bottlenecks. At this point, he said, it is necessary to prepare for the worst, but hope for the best. Accordingly, businesses need to plan to cope with the situation of highest cost, longest transit time and longest idle time.

With the theme “Towards Zero Emissions: Finding a Sustainable and Valuable Chemical Future Through Integration and Innovation”, this year’s annual WPC focuses on key issues facing the industry. petrochemical industry faces, from geopolitical impact to plastic recycling technology. Supply chain was one of the focus of the conference.

According to the organizers, the conference lasted until March 25, attracting the attendance of nearly 1,500 people, belonging to about 550 companies from more than 45 countries and regions around the world.