Paul Harnick, head of chemicals and the global chemicals chief operating officer at KPMG, joins Yuriko Kato, reporter in the European petrochemicals team, to discuss the latest trends in M&As in the petrochemicals industry.
Low organic growth, access to cheap finance and positive balance sheets have sparked a torrent of mergers and acquisitions in the petrochemicals industry which will continue in 2017-18 depite uncertainties, Paul Harnick, global chemicals chief operating officer at KPMG told S&P Global Platts.
Interview with KPMG's Mike Shannon, Global Chair, Chemicals & Performance Technologies.
(PDF 474 KB)
This article which was published in the March 2016 issue of Downstream Business magazine, and appears here with publisher’s permission, discusses the unique automation technology challenges the companies are facing as they work in the chemicals industry.
A potential purchase by AkzoNobel of BASF's industrial coatings business could put other chemical companies under pressure to re-structure their businesses if economic growth remains low, chemical-sector analysts said.
The outlook for the chemical industry in the United States has shifted dramatically in the space of only a few years.
The United States is Currently the Top Strategic Focus Area in the World For the Chemical Industry
The global petrochemical landscape is changing - and rapidly - not only in how countries interact with each other, but also in supply chains, manufacturing operations and processes
In power for a year, the administration of Prime Minister Narendra Modi is promising to deliver change.
The auto industry is taking off and the chemicals sector is hitching a ride.
With the U.S. awash in low-cost natural gas and petroleum, the forecast for the chemical industry is bright.
What should European energy policy be? A recent event in Berlin featured a debate over greater integration in European energy policy, Germany's Energiewende (energy transition) and what should occur regarding energy policy in the post-election period. EurActiv Germany reports.
India's petrochemical industry, which was hurt in 2013 by an economic slowdown and the depreciation of the Indian currency, is expected to recover in the near term, and the industry's long-term prospects are looking very positive, say experts and manufacturers in the country.
Shale Gas in the U.S. Has Created a Competitive Advantage for Chemical Manufacturers
Global economic and chemical output growth should continue to accelerate in 2014. According to experts, the strongest growth will continue to be in the developing nations of Asia, the Middle East, and Latin America.
With all eyes on Africa as the final frontier for the world’s natural resources and the discovery of massive gas deposits in southern and eastern Africa, governments in these markets have come to realise the potential for these reserves to stimulate their economies as well as to be used as an energy alternative.
Behind the Arabian Gulf petrochemical and chemical industry lies three decades of exceptional growth.
Quest for sustainable growth provides ample opportunities for the chemical industry.
Cheap, Clean And Controversial - Shale gas has the potential to turn the world's energy industry on its head.
The global chemical industry is undergoing dynamic changes with external factors presenting vastly divergent challenges in different regions of the world. As such, the executives of global chemical companies face significant challenges.
While China rightfully remains an area of focus for global chemical producers, companies should be prepared for the “Asia 1.2 wave of growth”.
The more than 10m tonnes of ethylene capacity set to come online in the US by 2017 could well be the death knell to commodity chemical manufacturing in most of Europe.
Ships sailing north from Chile are bringing an unusual cargo to the U.S.: chemical factories.