PODCAST: pandemic accelerates digitisation, new manufacturing technologies in chemicals
Will Beacham
13-Jul-2020
BARCELONA (ICIS)—The coronavirus pandemic is accelerating the adoption of new digitisation techniques and chemical manufacturing technologies, according to leading industry commentators.
- Pharma and chemicals are using innovative R&D in the quest for virus treatments and vaccines
- Reshoring of supply chains means now is the perfect time to invest in new manufacturing technologies
- Poverty in the developing world will drag down economic growth and chemicals demand
- Chemicals could see weak July and August on oil price falls, inventory destocking
- China will run its plants hard leading to oversupply in other markets
- China chemicals demand could be weaker than 2019
Listen to this podcast interview with Paul Hodges, chairman of consultancy International eChem; John Richardson, ICIS senior consultant, Asia and ICIS Insight editor Nigel Davis.
Podcast interview by Will Beacham
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Read more analysis of chemical market trends in this week’s ICIS Chemical Business.
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