Recently in Conferences Category

If an industry, group or person was able to reach the 100-year mark, this would definitely be a cause for celebration.

For synthetic rubber producer LANXESS, 2009 is officially the global rubber year as the company celebrated synthetic rubber's 100th anniversary last month in Cologne, Germany. Synthetic rubber was first developed and patented on September 12, 1909, by German chemical company Bayer. LANXESS was formerly Bayer's chemical and polymer business division, which was spun off in 2005.

During the event, LANXESS showed how man-made materials such as synthetic rubber could continue to thrive and remain indispensable for mankind, despite growing opposition from environmentalists to anything made from petroleum.

I was, however, amused when during the event's question-and-answer (Q&A) session, two European reporters boasted of their publications' more than 100-year-old pedigree in their introductions before proceeding to their questions.

Getting into the competitive spirit of whose publication is the oldest, I eagerly raised my hand. Did I have a burning question for the presenter at that time? No, but I also wanted to state ICIS Chemical Business's 138-year history.

I guess the event moderator sensed my intention and quickly wrapped up the Q&A session. Despite the missed opportunity, it dawned on me how LANXESS employees felt being part of a rich 100-year history.

ICIS Chemical Business's history goes back to 1881, when the former Oil, Paint and Drug (OPD) Reporter, based in downtown New York, began its operations. OPD was famous in the industry for its weekly lowdown on actual commercial conditions of the growing oil, paint, drug and chemical markets.

OPD, which then became Chemical Market Reporter, and is now part of ICIS Chemical Business, was able to survive more than a century of volatility within the chemical and publishing industries. Even now, as many print publications are in dire straits, ICIS Chemical Business will continue to evolve and become a better provider of chemical information, insight and analysis as we celebrate our 138th anniversary on October 18.

It is truly a pleasure to be a part of this historic publication and we look forward to our 200th anniversary!

See other old OPD/CMR photos on ICB's new facebook page!

By Elaine Burridge

An elegant hotel in a picturesque seaside setting in Helsinki, Finland, was the venue for the annual FECC Congress last month.

Delegates soaked up the sun's rays in the gardens among the ducks and geese while discussing the main themes, namely the current business environment, implementing Reach, and the challenges and issues facing distributors.

Inside, away from the peace and calm outdoors, executives from chemical distributors and their suppliers, were grabbing cups of coffee as they made the most of the networking opportunities.

Despite the downturn and corresponding corporate cuts in travel budgets, nearly 200 delegates managed to attend the two-day event.

If there were two key words to take away from the meeting, then it would be differentiation and focus, or perhaps that should be refocus.

And, yes, although there is plenty for distribution companies to be negative about as their earnings decrease, albeit not as dramatic as their suppliers who are "going through hell at the moment", there were also positive notes.

One CEO emphasized the resilience of the chemical distributor as a business model with high diversification, flexibility and high barriers to entry.

CEOs of private equity-owned firms also spoke out in favor of their backers, trying to rebut the negative image portrayed during the crisis. Whether people were convinced about the advantages of private ownership was open to debate and not helped by the view of one speaker who said that private equity firms are destroying value and exit routes were closing.
Companies spoke too of the need to differentiate themselves, to refocus on their business model and plan for the long term, to get closer to customers, and to act in a sustainable and responsible manner.

As if the worst economic crisis in decades was not enough to cope with, distributors are having also to grapple with Reach (as is everybody at the moment) and forming substance information exchange forums (SIEFs) while time marches on inexorably towards the 2010 deadline. Add to this industry consolidation and migration, transport issues, drastic cuts in credit insurance cover and tightening credit lines, to name but a few.

And in the background is an ongoing antitrust investigation which kicked off in France and Germany in April, 2007, and which still lingers like a bad smell.

So, here's to next year's event in Barcelona, Spain, where hopefully the sun will shine again and the financial crisis, and perhaps the investigation, will be just another piece of corporate history. Just make sure your company survives until then.


Unforgettable for all the wrong reasons

| No Comments | No TrackBacks
Written by Mike Nash

Two weeks ago, the general mood at the International Fertilizer Industry Association (IFA) annual conference in Shanghai was, for me, established on day one. I was having lunch with a French fertilizer distributor, who when not moodily pushing round the food on his plate with his chopsticks, was making monosyllabic utterances about the pretty dismal state of the fertilizer market in general, and his little corner of it in particular. A few Gallic shrugs later, I'd had enough. It was a long lunch.

By the end of day 1 I was pretty miserable too. And I had two more full days of meetings like this. 

I could understand the misery. Last year, everyone was making pots of cash on the back of booming fertilizer prices, driven by high crop prices, and the mood was buoyant. Now, since the collapse in the financial markets, farmer credit has dried up, crop prices are uncertain and the fertilizer market has seen a near collapse. 2008 was already being consigned to history as a never-to-be-repeated aberration.

It was perhaps the spirit of this masochistic misery that I subconsciously allowed the rather scruffy looking man sitting behind me in a hotel coffee shop to expertly steal my wallet.  Talking with friends and colleagues afterwards, it is quite true that, looking back, you realize exactly when it happened. I remember colliding with the suspect when I got up to go to the bathroom, inadvertently hitting him with my chair.

I like to think of myself as fairly savvy. I've traveled to some pretty dodgy places for work and pleasure and this kind of thing had never happened to me before. The lobby of the Shangri La hotel was not a war zone and there were two colleagues sitting at my table. Surely they would notice anything amiss while I walked to the bathroom, leaving my jacket on my chair?

Alas no. About 10 minutes later as I got up to leave and pay the bill, I realized what had happened. It is a sickening feeling. First there's the frantic call home to the wife, waking her up in the process to ask her to cancel all the credit cards. Then there's anger - what good to him is my gym membership card or my pass at the driving range, all of which needed replacing.

Then a curious calm descends upon you. I became quite sleuth-like, asking for CCTV footage - unfortunately the cameras did not cover the exact scene of the crime. Then I retraced my steps through the lobby, looking under tables and chairs, and getting a few odd looks.

This kind of news ripples through a conference pretty quickly. And the hotel bent over backwards to help. This included commandeering the bell boy, Irwin, who accompanied me to the Shanghai police station in the hotel limo.

While much of urban China has "modernized", let's just say its police stations are stuck firmly in the 1950s. It was like a scene out of a film. The police were clearly having fun with the bell boy. Poor Irwin was patiently trying to explain what had happened, but the policeman on the reception desk kept getting up, only to be replaced by someone else. It was clear a decadent westerner losing his wallet was of little concern to them. I decided to remain patient. Any sign of antagonism would only protract the whole process several hours.

After 20 minutes I was finally allowed into an interview room. Bare white walls, bare desks, no natural light. No air con just a fan which kept blowing my passport onto the floor. There was one attempt to lighten the place up. A potted plant stood forlornly in a corner, unwatered for several days.

There followed a painstaking review of what the wallet contained and what make it was. Time and time again my passport was checked. Fortunately, my visa said businessman rather than journalist. Otherwise I'd still be there today.

Then I described the suspect, my version of events as best I could recall them. This took an hour. At no time did any policeman make eye contact, or acknowledge my presence. It was disconcerting.

Eventually, I got what I had come for. A certificate with a crime number on it so I could claim for my losses back home through insurance.

I remained stoically British to the end, I thought, and went to shake the policeman's hand, who looked totally non-plussed, but eventually offered his hand.

Then the police disappeared to input all the data onto their computers. I was left alone with Irwin, who chirpily started talking about Premier League soccer. He was a Liverpool fan, which made it bearable. God bless Irwin (later in the hotel I filled in a card saying how he had "gone the extra mile" to help a guest). He's probably head bell boy now.  

I resisted the temptation to steal a police cap from the rows upon rows of them I was passing as I left. It would have made for a nice souvenir and would have pleased my son no end.

It all certainly made the conference a little more memorable.

Going to chemical-industry events can sometimes be predictable, especially the run-of-the-mill financial results events where you can usually guess in advance which executives, public-relations people and journalists will be tagging along.

But just now and again an event takes you by surprise. I attended the Helsinki Stakeholders' Day and Chemicals Forum in Finland two weeks and have been left with some vivid memories.

In the Commentary Blog  you'll find my impressions of the main event, which will definitely stay with me for a long time.

But outside of the main hall it was some of the people I met from all walks of life who fascinated me.

We all know the chemical industry is international, so we are accustomed to meeting different nationalities when networking round an event. But can you beat this? On my table at the gala dinner were people from Nicaragua, Kenya, Zambia, Ethiopia, Finland and the UK!

The stories they had to tell were also compelling. The Nicaraguan worked for an agency which tested for pesticide residues in agricultural workers there. "Now, I grow my own food and only eat organic," he declared.

The Kenyan worked for a government ministry which attempts to control and monitor the import of pharmaceuticals. He described the constant battle to stem the flow of potentially unsafe generics from China and India.

My Ethiopian friend described in great detail the country's religious history. Christianity flourished there before it hit Europe. Indeed the country still boasts a significant minority of Christians. They practice an ancient form of the belief, with its own traditions and practices.

Perhaps the most interesting, though slightly depressing tale came from Mr Zambia. He was an official with Zambia's environment ministry. Asked what some of the biggest challenges are in the country for his department, the man gave an example which said it all.

Cases of poisoning had arisen in people living in villages downriver of a mine. The ministry investigated and found the mining company had allowed toxic residues to leach into the groundwater and river.

Next, proceedings were begun against the company concerned and a case for prosecution organised. The case was proceeding well until word came "from upstairs" that the case must be dropped immediately. People at the highest level in government were protecting this company and the judiciary were not independent.

Despite this, the Zambian was proud of his country, especially of its free press though he added: "It's a shame they're not interested in environmental issues."

Chemicals journalism is truly a fascinating job.

About this Archive

This page is an archive of recent entries in the Conferences category.

Chemical industry is the previous category.

Economics and the economy is the next category.

Find recent content on the main index or look in the archives to find all content.