No question, the chemical industry faces daunting challenges. As sales markets and goods flows globalize and new production centers emerge, both large and small companies are having to make unprecedented changes. This trend has been intensified by the shift to renewable energy and the growing scarcity of carbon-based raw materials; industry players see no alternative but to join forces. Mergers and acquisitions are rampant and affecting the number and structure of sites around the world.

However, there are absolutely no grounds for pessimism. Germany's chemical industry is in fine fettle and has excellent prospects thanks to an outstanding environment. This whitepaper describes the best way to harness the industry's strengths, opportunities and potential locally.