The chemical industry has shown robust performance during economic downturns due to its capital efficient companies. The report analyzed the TOP 70 chemical companies on Capital Intensity, Capital Efficiency, and Cash Generation to investigate how companies can position themselves in times of economic hardship. Executives focus on improving margins by reducing costs, optimizing feedstock use, and changing product mix. However, minimizing capital use for a given business level while continuously adapting the product mix to optimize margins is a challenge.