HP Impact: Major chemical firms’ strategies in Asia
The globalization strategies of most leading chemical companies are based on a scenario of the world economy's development until 2010, according to analysts with SRI International, Menl..
The globalization strategies of most leading
chemical companies are based on a scenario of the world
economy's development until 2010, according to analysts with
SRI International, Menlo Park, California. For Japan, North
America and Western Europe, demand for chemical products will
grow approximately 2.5%/yr. In contrast, the estimated figure
for Southeast and East Asia is 6%/yr.
By 2010, the Asia-Pacific market is forecast to be
larger than that of Western Europe and the U.S. combined.
Thus, the focus of the major chemical companies has shifted
to the ASEAN countries, China and India.
Most world-class chemical companies are
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