Abstract
THE FUTURE OF the European chemical industry is bright. That was the impression earlier this month in Budapest, at the Global Chemical Industry European Convention. Attendees included chemical executives from around the world. They discussed, among other things, three studies that attempt to plot a future for the chemical industry both in Europe and elsewhere in the world. One was completed by consultants, another is being developed under the guidance of the European Union, and the third has just been published by the International Council of Chemical Associations (ICCA). Although the three differ in scope and state of completion, their analysis so far of the future of the European chemical industry gives ample reason for optimism. According to Alain Perroy, director general of the European Chemical Industry Council (CEFIC), a team from international business school Insead and Munich-based consultants Management Engineers was looking for a venue to present the results of a prospective study it ...
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