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ThechangingfaceofEuropeChallengesandopportunitiesofenlargementforEU15OpportunitiesforEU15chemicalplayersinCEEandCISConclusionA.B.Eastwardenlargemententailsthreatsandopportunitiesforeconomies,companies,andgovernmentsC.ChemicalindustryinCEE/CIS:Stillsmallinsizebutgrowingat2.5timesthespeedofWesternEurope1Players/activities:Localplayersproducingvalue-addedchemicalsinCEE–CISstronginrawmaterialsCompetitiveness:CEEassetscompetitivedomestically–CISassetsnot,butcompetitiverawmaterialsTrade:HighlevelofimportsinbothCEEandCIS–CISwithsignificantexportsofmainlycommoditiesDegreeofprivatization:MostplayersinCISareinprivatehandstoday–CEEstilllargelystate-ownedLikelyfuturedevelopmentsinCEE:Significantchangesinindustrystructure–opportunitiesforEUfirmsLikelyfuturedevelopmentsinCIS:Largeplayerswinagainstsmallones–alsoopportunitiesforEUfirmsCISwithdisadvantagesvis-à-visMiddleEast:Higherlogisticscostforgas/rawmaterialsproductionD.Conclusion:ThechangingfaceofEuropeoffersbroadbusinessopportunities–alsoforthechemicalindustry
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