Global chemical producing companies' capex reductions due to coronavirus impact 2020

Capital expenditure reductions of selected chemical producers worldwide in 2020 as a result of coronavirus impact

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Release date

March 2020

Region

Worldwide

Survey time period

as of March 2020

Supplementary notes

*Saudi Aramco's original capex for 2020 was 35-40 billion U.S. dollars, and the revised capex for 2020 is now 25.30 billion U.S. dollars.
**Royal Dutch Shell's revised 2020 capex is 20 billion U.S. dollars or less.
***Total S.A.'s revised 2020 capex is less than 15 billion U.S. dollars.
****Eastman Chemical's original 2020 capex was 450-475 million U.S. dollars, and the revised capex for 2020 is 325-375 million U.S. dollars.
*****The Pembina Pipeline figures are in Canadian dollars, and the revised 2020 capex is 1.2-1.4 billion Canadian dollars.
Energy/fossil fuel companies also often produce petrochemicals and commodity chemicals, hence the inclusion of energy companies in this statistic.

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