SELF IMPROVEMENT

"Chemical companies, minding my own business for the next 10 years should be reorganized"

Petrochemical company after 10 years to prepare for a rapidly changing market environment, the current must realign its business portfolio analysis has been raised. It also noted that China and India to market changes that are observed.

Korea Petrochemical Industry Association in the past 26 days 16:00 Association held in Conference Room "Global Chemical Leaders Seminars, in the current mix of general-purpose, fine chemical industries (commodity specialty, integrated) alone after 10 years in the business model to prepare for the market these comments were presented eopdamyeo Wed.

Presentation as a spiral Chemical Industry, Deloitte Senior Vice President Tim Hanley, a recently published 'The chemical multiverse: the global chemical industry prepare for the quantum leap "over a report called" The current chemical utility of the portfolio is highly underrated, "he said.

Tim Hanley, Senior Vice President, "This report of over 230 global petrochemical companies bunseokdwae the performance of the past 10 years," said "numerous economic scenarios based on it are provided for the proposal," he explained.

He added: "Results of an analysis of more than 60 companies with capital costs over the past 10 years, failed to return," said, "Therefore, the chemical industry that is rapidly reshaping should be facing 10 years may be important," he said.

Yet measures to prepare for the next 10 years, was also present.

He's chemical companies 'Some businesses and assets of the combination Ideal for businesses with', 'energy prices rise and the volatility of supply and demand imbalance, how can we manage, "" competition in the market to how to run your business needs to be configured, the' should establish a strategic drivers, and so suggested.