Post by Evonik Oxeno
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Europe’s petrochemical industry is at a crossroads. Stagnant demand, growing overcapacity, cost disadvantages and rising decarbonization demands are reshaping the playing field. For petrochemical companies, tighter integration, feedstock flexibility, collaborative partnerships, carbon-smart investments and value-chain resilience are no longer “nice-to-haves”. Strategic focus on cooperation across the entire petrochemical value and supply network have become survival strategies. At Evonik Oxeno, we’ve learned that in times like these stable partnerships and advanced C4 integration can turn volatility into resilience. The lesson? Transformation is not only about technology, but also about collaboration and integration across the value chain. 👉 Curious to gain more insights? Read our White Paper: "Challenges and Opportunities during the Transformation Process in the Petrochemical Industry" 👉 https://lnkd.in/eUxMZmVK Frank Beissmann, Harald Haeger, Christian Bierhaus, Oliver M. Busch #Chemistry4Future