“As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future,” BNN Bloomberg reports. But “now, even that’s looking overly optimistic. The global crackdown
on plastic trash threatens to take a big chunk out of demand growth,
just as oil companies like Saudi Aramco sink billions into plastic and
chemicals assets. Royal Dutch Shell Plc, BP Plc, Total SA, and Exxon
Mobil Corporation are all ramping up investments in the sector.”