Analysis of 2025 forecasts and strategic priorities amid the ongoing weakness of the European chemical industry. These were the main topics of Esseco Industrial’s third quarterly meeting, held from October 27 to 29 in Padenghe sul Garda(Brescia), gathering shareholders, managers, and directors for three days of discussion and planning. The meeting examined EU27 market challenges, company results, and shared strategies to navigate the global economic.
The European chemical sector faces one of its hardest periods in decades: for the first time in 150 years, it shows a –15% gap compared to other manufacturing activities. EU chemical production capacity operates 9.5% below pre-crisis levels and roughly 20% lower than in 2021, due to weak domestic demand, high energy costs, bureaucracy, and geopolitical tensions. This prolonged phase, started in August 2022, seems at its most critical point.
In this scenario, Esseco Industrial confirms its solidity and resilience as an industrial holding, supported by an integrated production model and investments in innovation. The post-acquisition relaunch of the Pieve Vergonte site, the strong performance of the Chlor-Alkali division, the reliance of the Sulphur derivatives family and the food and feed additives produced on Addcon Brand, show the Group’s ability to innovate even in challenging times. During the meeting, management reiterated the need to evolve the industrial and commercial model through greater vertical integration, cost reduction, and enhanced energy independence.
Achievements included improved analytical systems, new young talents, stronger reputation, andsteady profitability in a turbulent context. Delays in some projects were attributed to bureaucratic complexities and lengthy authorization processes, particularly affecting Italian plants, while the growing pressure from Eastern producers continues to require a constant update of market strategies.
Looking ahead, Esseco Industrial will direct its investments toward sectors offering stronger synergies and growth potential—such as personal care, food, feed, and pharmaceuticals—while focusing on decarbonization, energy efficiency, and zero-emission self-production. The company also plans to strengthen its presence through targeted acquisitions, while avoiding new investments in sectors most exposed to Eastern overcapacity or linked to construction, automotive, paper, and textiles in Europe.
As Roberto Vagheggi, General Manager of Esseco Industrial, emphasized: “Considering the current state of the chemical sector in Europe, our resilience is a very good signal. Our DNA is changing—we are more mature, ready to step out of our comfort zone, and aware that the world won’t wait. It’s time to change and keep improving, thanks to all the people who believe in this project and make Esseco Industrial stronger every day”.
