BARCELONA (ICIS)--European chemical distributors are flexing their business models to ensure that supply chains still operate effectively despite the Middle East war.

Chemical supply chains are becoming more flexible Supply reliability and diversification are now key competitive advantages To thrive distributors need to diversify supply chains, adopt a more ‘local for local’ approach Distributors and producers need to focus on financial stability of their suppliers and customers After Hormuz, other global trade chokepoints could be weaponized If oil prices rise to $150/barrel, interest rates may rise to 5-10% High interest rates will cause chemical industry bankruptcies

In this ICIS Think Tank podcast, Will Beacham interviews Dorothee Arns, director general of the European Association of Chemical Distributors (Fecc) and  Paul Hodges, chairman of New Normal Consulting.

Click here to register for the 19 June joint Fecc/ICIS CEO round tables mentioned during the podcast. 



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