Episode 1226: Think Tank: Poor Q2 results signal permanently lower growth, need for bold strategic moves
ICIS - chemical podcasts
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Navigating the Shifting Petrochemical Landscape
This chapter explores the evolving dynamics of the global petrochemical market, particularly in China, where demographic shifts and economic policies are driving changes. The speakers analyze the potential permanence of current downturns, emphasizing the transition from traditional growth models to value-driven strategies, especially in specialty chemicals. Additionally, the chapter discusses the implications for companies in Europe and the US, urging a pivot towards sustainability and niche markets amid challenges such as reliance on Chinese consumption and the complexities of emerging markets.
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