New dawn breaks

Lazell, Mark
November 2005
Asian Chemical News;11/28/2005, Vol. 11 Issue 516, p12
Trade Publication
The article analyzes the capability of Japan to be globally-competitive in the chemical industry. According to the Organisation for Economic Cooperation and Development, the country's medium-term annual economic growth rate is at 1.3 percent. The Japanese petrochemical industry is concerned on the damage that high prices could inflict on their bottom lines in the long term. Business and operational restructuring has seen a major rationalisation among commodity producers in the country.


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