Episode 1373: Think Tank: AI, innovation and M&A could save chemicals in high-cost regions

As a completely new chemical industry landscape unfolds before us, leaders should harness AI, innovation and consolidation opportunities in high cost regions. Industry faces structural—not cyclical—challengesOvercapacity and competition squeeze EuropeDemand decouples from GDP, shrinking market sizeAI can boost efficiency and forecasting accuracy.Specialties and low-carbon products need careful thinkingGlobal chemical companies withdraw from EuropeLocal chemical companies can gain market share via mergers & acquisitions (M&A)M&A and national champions may drive consolidationDefence sector offers immediate, well-funded opportunities In this Think Tank podcast, Will Beacham interviews Richard Carter from Carter Consultancy and Paul Hodges, chairman of New Normal Consulting.