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EPCA 2013: Europe's petrochemical sector must refocus, says Sabic CEO

7:36 AM MDT | October 7, 2013 | Ian Young in Berlin

Europe's petrochemical industry must undergo a fundamental shift in focus if it is to survive and prosper in an increasingly challenging and competitive global market, says Sabic CEO Mohamed Al Mady. In an address today to the European Petrochemical Association (EPCA) annual meeting, taking place at Berlin, Al Mady said that the petrochemical sector in Europe needs to become more resource- and cost-efficient; boost its emphasis on technology and innovation, and concentrate further on products that satisfy the rapidly evolving needs of a growing global...

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