Episode 1267: Think Tank: Global chemicals at tipping point as CEOs react to persistent downturn

More chemical industry leaders are making bold strategic decisions to combat a multi-year downturn, driving their companies to focus on areas where they can seize a competitive advantage. -          China-driven overcapacity could imbalance global supply/demand until 2030-          Need for large-scale capacity closures to balance market-          Companies can choose to focus on commodities or become specialty/low carbon players-          CEOs waking up to the need for a radical examination of their assets and strategies-          A trickle of announcements about closures and restructurings turning into a flood-          Leaders such as BASF, Dow, LyondellBasell, Versalis take bold steps to reduce their commodity footprint in EuropeThis is the audio podcast version of a special ICIS Think Tank Live webinar recorded on 30 October.