Syensqo bullish about specialty chemicals biz

Global specialty chemicals company Syensqo remains committed to investing in China, and is optimistic about its long-term economic prospects, its top executive said.

"Syensqo aims to double our performance in China to meet the high and increasingly sophisticated demand in the country, the world's largest chemical market," said Ilham Kadri, CEO of Syensqo, on the sidelines of the Summer Davos meeting held in Tianjin last week.

Kadri highlighted China's crucial role in the global chemical industry, which she said accounts for half of global output while supporting sectors from lightweight materials and electrification to connectivity and biotechnology.