PODCAST: Chemicals industry must banish inertia, reinvent itself for a low carbon future

BARCELONA (ICIS)–The chemicals industry needs to overcome a ‘business as usual’ strategy and grasp new production and recycling technologies to meet the challenge of a low carbon future.

• Massive investment in low carbon energy required to meet net zero targets
• China and EU can lead the way, spurring activity in the rest of the world
• China’s Common Prosperity philosophy will drive change
• Chemicals industry must work out how to meet rising plastics demand sustainably
• Industry inertia could block progress
• Trade war possible between the UK and EU over Brexit disagreements
• UK businesses must lobby government to resolve dispute

In this Think Tank podcast, Will Beacham interviews ICIS Senior Consultant Asia John Richardson and Paul Hodges, chairman of New Normal Consulting.

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.

ICIS is organising regular updates to help the industry understand current market trends. Register here .

Read the latest issue of ICIS Chemical Business.

Read Paul Hodges and John Richardson’s ICIS blogs.