Polymers Business Outlook

CPChem uses long-term commodity price forecasts, as well as supply and demand outlooks to assess risks to its investments and strategy. While conducting these assessments, consideration is given to uncertainties that may favorably or unfavorably impact projections, which is needed to pressure test investment decisions and strategy direction. For the purposes of projecting a range of outcomes, it is prudent to calibrate internal perspectives against third-party market intelligence. CPChem typically uses several third-party outlooks in these assessments.

In 2024, CPChem undertook scenario analysis which tested the resiliency of our strategy in different business environments that varied the pace/scale of adoption of a circular economy. The outcomes and implications for CPChem were not materially different than what was published in the company’s 2023 sustainability report, Stepping Up. The regulatory landscape remains dynamic and CPChem will continue to monitor its evolution, ensuring that the scenarios tested remain relevant and develop new scenarios accordingly.