As a result, Nabaltec is focussing on diversifying towards end uses where the demand is healthier. One such application is flame retardants, which [Johannes Heckmann] described as a "key performer that will be a major focus for the future".
"Demand in Asia is still flat, but there will a rebound," Heckmann said. "It's just a matter of time, due to population growth. [We see demand rising] especially on the flame retardants side." "I am always of the opinion that sooner or later you will not be able to shoot out of Europe into Asia if you are not present there. You have to be closer to the market at the end of the day," Heckmann said. "Everybody has to think about where your presence is."
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