Chemicals
The $2 trillion chemicals industry continues to face challenges as it attempts to rebound from its worst year ever in 2009. The drop-off in demand appears to have bottomed out, but the damage has been done. Demand is rising, but in severely depressed levels — in some cases, declining by 40 percent. Most new growth is in Asia; Middle East producers continue to enjoy competitive advantages, while many assets in North America and Europe are severely impaired.
Our Thought Leadership
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Chemicals Industry Perspectives for 2012
Not long ago, the center of the global chemical industry seemed destined to be moving to the Middle East from North America and Europe, propelled by the ready availability in the Arab world of relatively inexpensive oil as a feedstock. That idea has now been turned on its head.
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Client Examples
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Case Study 1: Booz & Company was retained by a major global chemical company to reexamine the strategy for its specialty chemicals division.
Case Study 2: Booz & Company was retained by a leading global chemical company to redefine its strategic direction and to rapidly improve its profitability.
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Service Areas
Booz & Company has extensive experience with large, international chemical corporations, having acted as an independent senior advisor on corporate strategy, investment portfolio decisions, and operational improvements. We support our clients with a global team possessing deep capability-based expertise in all major chemical industry sectors.
Meet our experts
