Europe’s chemical industry is already investing for a low carbon future, but will require new sources of public and private finance to scale up for success, according to Caroline Ciuciu CEO of The European Petrochemical Association (EPCA).
Discussion points:
- Chemical industry transformation is already underway
- Electrification will require huge amounts of renewable energy
- Accessing finance to scale up is a huge challenge
- Public funds, regulatory framework must encourage innovation
- China’s Common Prosperity strategy will drive low carbon investment
- Middle East exports to China could be threatened if carbon rules toughened
- Diversity & Inclusion vital for future industry success
- EPCA had more than 800 registered delegates