Dow CEO Warns Months to Clear Chemical Backlog After Hormuz Reopens
Mar 26, 2026
Dow CEO Jim Fitterling estimates 250-275 days to clear shipping backlogs after the Strait of Hormuz reopens, impacting Middle East petrochemical exports. Ethylene arbitrage between the US and Asia has surged over $1,200 per tonne due to supply chain disruptions.
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