Episode 1039: Think Tank: Why some chemical companies still invest in Europe
BARCELONA (ICIS)—Certain chemical companies are bucking the trend by investing heavily in Europe when many of their peers are refocussing elsewhere. - Companies such as INEOS, Adnoc bet on future in Europe- Gain market access, technology, production efficiency- Energy cost disadvantage likely to persist- Imported US ethane captures feedstock advantage- US seen by some as more attractive than Europe for investment- Chemical companies need to take bold steps to thrive in Europe