Episode 1373
Episode 1373: Think Tank: AI, innovation and M&A could save chemicals in high-cost regions
As a completely new chemical industry landscape unfolds before us, leaders should harness AI, inn...
ICIS - chemical podcasts · ICIS - chemical podcasts
August 12, 202529m 49s
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Show Notes
As a completely new chemical industry landscape unfolds before us, leaders should harness AI, innovation and consolidation opportunities in high cost regions.
- Industry faces structural—not cyclical—challenges
- Overcapacity and competition squeeze Europe
- Demand decouples from GDP, shrinking market size
- AI can boost efficiency and forecasting accuracy.
- Specialties and low-carbon products need careful thinking
- Global chemical companies withdraw from Europe
- Local chemical companies can gain market share via mergers & acquisitions (M&A)
- M&A and national champions may drive consolidation
- Defence sector offers immediate, well-funded opportunities
In this Think Tank podcast, Will Beacham interviews Richard Carter from Carter Consultancy and Paul Hodges, chairman of New Normal Consulting.