In recent years, the vast majority of companies in the industrial gases sector have had to re-evaluate where the next wave of growth will come from under the stifling weight of the financial crisis – which has left innovation prospects in Europe looking bleak at best. But as I discovered during gasworld’s Europe Industrial Gas Conference last week, there are some rays of prosperity amongst the storm.
CEO and founder of gasworld John Raquet, mused, “How does an industry like ours move forward with lower growth prospects in our key industries, and how can we carve out higher growth than we are likely to see?”
Echoing gasworld’s 2016 conference theme of ‘Carving Out Growth,’ the quest for how to actually achieve this growth was thrust into the spotlight and fundamentally, it appeared to come down to two things; essential investment in in-house research and development (R&D) and the ability to keep up with digitalisation.
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