Chemical markets risk downturn

The blog was in Brussels this week, chairing the ICIS European Purchasing Conference.

It was a packed room. Buyers are clearly very concerned about the high level of current raw material prices, and their volatility.

I was also interviewed by ICIS’ Will Beacham. The discussion covered:

• The effect of high oil prices on demand
• The risk of a downturn and
• The likely impact of the ageing BabyBoomers (those born between 1946-70) on future demand patterns.

Please click here if you would like to see it.

About Paul Hodges

Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry. Paul is also an invited member of the World Economic Forum’s Global Agenda Council. The aim of this blog is to share ideas about the influences that may shape the chemical industry over the next 12 – 18 months. It will try to look behind today’s headlines, to understand what may happen next in important issues such as oil prices, economic growth and the environment. We may also have some fun, investigating a few of the more offbeat events that take place from time to time. Please do join me and share your thoughts. Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.


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