Central and Eastern Europe (CEE) chemical companies were urged to grow in specialty chemicals. European specialty market’s production value expected to rise 7% a year until 2012, compared to only 4% for the commodity market.
Long gone the commodities game of sustainable long-term success with a focus on operational excellence, the money now is in specialty markets as value-added chemicals.
CEE companies should venture into huge strong domestic demands for specialty chemicals such as titanium oxide (TiO2), soda ash, methylene diphenyl diisocyanate (MDI), toluene di-isocyanate (TDI), specialty plastics and adhesive.
In general, CEE companies have great advantage in terms of highly qualified and motivated workforce with solid experience and tradition in running petrochemical plants. The biggest obstacle currently is probably sourcing of oil and gas, which most CEE companies are dependant on Russia.
Long gone the commodities game of sustainable long-term success with a focus on operational excellence, the money now is in specialty markets as value-added chemicals.
CEE companies should venture into huge strong domestic demands for specialty chemicals such as titanium oxide (TiO2), soda ash, methylene diphenyl diisocyanate (MDI), toluene di-isocyanate (TDI), specialty plastics and adhesive.
In general, CEE companies have great advantage in terms of highly qualified and motivated workforce with solid experience and tradition in running petrochemical plants. The biggest obstacle currently is probably sourcing of oil and gas, which most CEE companies are dependant on Russia.
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