The past year has been a defining one for the global chemical industry.
The well-known struggles of the automotive and construction industries have translated into reduced demand, declining revenues, and diminishing profits for nearly every chemical company worldwide.
Globally, production declined over 10% midway into 2009 resulting in companies being forced to rethink and adapt their strategies for the present as well as the future.
To help better understand the forces moving the industry, Deloitte Touche Tohmatsu’s (DTT) Global Manufacturing Industry Group turned to a global panel of chemical industry leaders.