The chemical industry is undergoing dynamic changes, with external factors presenting industry executives with different challenges in different regions of the world. Leading companies are matching their M&A strategies to their long term business strategies.
In the U.S., strength of business case and matching of long-term supply and demand is critical at the commodity end of the market. In emerging markets up-front risk mitigation, combined with a portfolio (not just China) approach will help companies capture the broad array of benefits. In Europe, the strategy is to focus on quality business units and ruthlessly restructure the operational cost. Regardless of regional focus a localized tailored strategy is required in order to be successful.