DOWNLOAD
1 min read • Chemicals
The staying power of Europe's chemical industry
In all industries the production costs for sites in Western Europe are under scrutiny. And with more and more developing countries eager for industrialisation the pressure keeps mounting. But does this apply across all industries? To find out, Arthur D. Little compared the manufacturing costs of chemical products in Western Europe, the US, India and China. The astonishing result was that, while Europe may well be expensive, in this industry at least it is still one of the most competitive regions in the world.
In all industries the production costs for sites in Western Europe are under scrutiny. And with more and more developing countries eager for industrialisation the pressure keeps mounting. But does this apply across all industries? To find out, Arthur D. Little compared the manufacturing costs of chemical products in Western Europe, the US, India and China. The astonishing result was that, while Europe may well be expensive, in this industry at least it is still one of the most competitive regions in the world.
RELATED INFORMATION
Staying ahead of the curve
The future is no longer predictable. Businesses constantly face the challenge to interpret and plan for the impact of overarching trends, such as sustainability/climate change, geopolitical…
New Report Offers A Blueprint For Overcoming Bottlenecks And Unlocking The Full Potential Of Digitalization In The Chemical Industry
Brussels, 19 April 2023 Digitalization has the power to transform the European chemical industry, revolutionizing the sector’s solutions and enabling a circular, more sustainable economy in line with…
Strategic Alliances in High-Tech Industries
As the next century approaches, significant trends now emerging in global economics and technology will have major implications for corporate international strategies. While Europe and North America…