Chemicals

Industry Overview:

The chemical industry is a $3 trillion/year global behemoth with a vast array of products that impact our lives on a daily basis. Chemicals are an integral part of our lives. Diverse fields such as life sciences, electronics, energy and automotive have a close interplay and dependence on a multitude of chemicals

Trends:

Historically, the US and Western European producers dominated the Chemical industry. However, over the past few years, the epicenter of the industry has been shifting to Asia. China has become a major powerhouse. India is following suit. With the availability of cheap feedstock the Middle East has been shoring up its production capacity. This seismic shift in the industry has shaken up the old order. This has historically been a highly conservative industry. Old world relationships have had to give way to a new world order.

The DestinHaus Approach:

In order to survive and do well in this new environment, we help our clients better understand and be better at,

Global Supply Chain dynamics
Open to new ideas on joint ventures, alliances, and partnerships
Open to being acquired by Asian companies who were previously viewed as acquisition targets by the West
Ability to leverage and capitalize on the forces of multiculturalism in the Chemical industry
Accelerated diffusion of technology
Shift in the balance of power to the developing regions of the world
An uncompromising, sincere, emphasis and commitment to sustainability as opposed to doing lip service to it
The firm belief that sustainability and profitability need not be mutually exclusive
Innovation that meets the needs of billions of people striving to come our of poverty