
 ICIS - chemical podcasts
 ICIS - chemical podcasts Episode 1251: EPCA, Covestro ADNOC deal puts Europe petrochemicals in the spotlight
 Oct 1, 2024 
 Join John Richardson and Nigel Davis from the ICIS market development team, along with Paul Hodges, Chairman of New Normal Consulting, as they dive into ADNOC's strategic acquisition of Covestro for €11.7 billion. They discuss the challenges facing Europe’s petrochemical sector, including poor demand in key markets and the surge in mergers and acquisitions. The talk highlights the industry’s shift toward sustainability and the implications of fluctuating oil prices on demand. It's a captivating look at the evolving landscape of chemical markets. 
 Chapters 
 Transcript 
 Episode notes 
 1  2  3  4  5 
 Intro 
 00:00 • 2min 
 Navigating New Markets: The ADNOC-Covestro Partnership 
 01:35 • 9min 
 Shifting Dynamics in the Oil and Petrochemical Markets 
 10:57 • 4min 
 Impact of Price Declines on Petrochemical Demand 
 15:03 • 6min 
 Navigating Challenges in the European Petrochemical Industry 
 21:06 • 2min 



