Overcapacity or Opportunity? Critical Chemical Decisions Shaping 2026 with Steve Lewandowski and Adrian Calcaneo of OPIS - Ep. 253

The dramatic rise of AI, shifting geopolitics, and industry overcapacity are putting energy and chemicals at a crossroads. Victoria Meyer sits down with Steve Lewandowski and Adrian Calcaneo of Chemical Market Analytics to unpack how these forces are driving volatility and change across global markets. From increased US exports of natural gas liquids to oversupplied chemical sectors and the challenges facing Europe and Asia, the discussion lays out the most immediate pressures—and potential responses—for the industry. The episode features a candid look at rationalization needs, the evolving role of integrated oil and chemical businesses, and how AI is influencing energy use and operational strategy. It’s an essential listen for industry professionals navigating today’s shifting landscape and planning for what’s next. Subscribe to The Chemical Show on YouTube Register for the World Chemical Forum with code: CHEMSHOW15 Victoria, Steve and Adrian discuss the following:  The force shaping industry direction Adapting to a shifting business landscape Building stronger consumer connections Evolving approaches to product effectiveness Navigating today’s competitive environment  Killer Quote: "For me, in chemicals, more rationalizations are going to be announced. It's just impossible not to happen because cash flow is just too big of a problem right now. No matter where, where oil goes, you know, those guys running heavier feeds are still going to be weak on margin. ... You’ve got to survive today, but you’ve also got to plan for tomorrow. So don't lose sight of things coming, you know, in the future." — Steve Lewandowski  ***Don’t miss an episode: Subscribe to The Chemical Show on your favorite podcast player.  ***Like what you hear? Leave a rating and review. ***Want more insights? Sign up for our email list at https://www.thechemicalshow.com