Europe's Overcapacity: Rationalisation and Strategic Responses

The former Brenntag CEO believes the chemical industry can overcome current challenges once it takes some more bold steps. 

-          Industry emerged stronger from previous crises and can do so again

-          Nascent recovery stifled by tariff war

-          Overcapacity is hurting industry everywhere

-          Europe closures mean distributors may adjust sourcing

-          Distribution industry is ripe for more consolidation

-          Leaders need a strong vision to attract the best talent

-          Private equity, state-funded bodies could buy assets, create national champions

 In this ICIS Think Tank podcast, Will Beacham interviews Christian Kohlpaintner, former CEO of Brenntag.