The European chemical sector is enduring one of its worst downturns in decades, but the CEO of industrial gas major Linde expects a rebound at some point, based on the outlook of its customers.
“I think the chemical industry … is probably the most impacted at this point in time,” said Sanjiv Lamba, CEO of Linde in a recent earnings call. “And … all perspectives on the industry tend to be quite negative.”
“I’m not suggesting it’s happening tomorrow [or] any time soon but I do expect that cycle to turn,” he added. “From many of our customers, [there is an expectation that] there will be a fundamental shift back to a point where you will see the chemical industry come back.”
… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld
You’ve reached your weekly limit to access free articles!
Want to keep reading?
Please register for free and create a profile to gain access to this full article and gasworld’s daily news.
For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.
Alternatively, you can continue reading more articles as a guest on Thursday, 13th November at 10:28AM
