01 June 2004 17:21 [Source: ICIS news]
Sadly lacking in the chemicals industry is a sense of, not so much purpose, but what the sector might be and represent in years to come.
Recent scenarios have mapped out depressing and downbeat possible futures for large parts of the traditional or mainstream sector. The just completed Cefic scenarios project is a case in point. But businesses saddled with low growth and limited prospects by no means represent all that is chemicals or materials transformation.
Innovation leads large parts of the industry. Some established firms are changing fast and new companies are creating opportunities for growth.
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A series of stakeholder meetings have identified the good and bad of chemicals sector sustainability. The task now is to refine and distill thinking into robust messages and a set of values that can be built on and developed.
Coming out of the stakeholder events is a once again depressing sense of world weariness and lack of optimism for the future. But that needs to be changed. Parts of the chemicals sector have a lot going for them. Others perhaps not. The trick in any developed economy is to pinpoint and build on the positive no matter how difficult that might at first appear to be.
The CLC has a difficult task on its hands but also the unique opportunity to provide true leadership across the breadth of
Without doubt chemicals will be vitally important to future economic and societal development. The question is very much what direction that development might take to deliver greatest benefits aligned to consumers and others in society might want.
Certainly from an environmental and a financial standpoint the
Individual companies can do a great deal but certain issues demand a sectoral approach and it is here that the CLC’s opportunities lie.
The CLC has been challenged to develop a vision of sustainability for
By October, according to its own timetable, the Council needs a strong message to deliver to its own stakeholders.
Nigel Davis is a member of the CLC Futures Group.
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