The Brexit vote, and Donald Trump’s election, confirm that we are in a New Normal world. In the interview below with Will Beacham, Deputy editor of ICIS Chemical Business, I highlight some ideas about how industry needs to adapt. BARCELONA (ICIS)–The global chemical sector needs to stimulate demand for innovative products and services in mature […]
Chemicals and the Economy
Sustainability replaces globalisation as key driver for economy
2 weeks ago, India ratified the COP 21 Agreement. This means the Agreement enters into force on 4 November. 81 countries, responsible for more than 55% of greenhouse gas emissions, have now agreed to reduce emissions in line with the decisions made in Paris last December. And last week saw another landmark Agreement, with 150 countries agreeing to […]
Value creation for People, Planet and Profit
The financial crisis has highlighted the need to move away from the simplistic approach of the “shareholder value” cult, where short-term targets dominate company thinking. Even Jack Welch, former GE CEO and original instigator of the approach, now agrees that the concept was “a dumb idea“. The blog therefore welcomes DSM’s new approach to the […]
‘Its the price that matters’: Wal-Mart and Tesco signal a major change in consumer priorities
Consumer attitudes have shifted sharply in recent weeks. This could have big implications for chemical companies, and they need to respond quickly.
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