Where is the threat…

June 2006
ICIS Chemical Business;6/5/2006, Vol. 1 Issue 22, p24
Trade Publication
The article reports on the results of a survey conducted by ICIS Chemical Business and PA Consulting among readers of the magazine to identify the challenges posed by the growth of production capabilities in low-cost economies. In macroeconomic terms, the survey confirmed the widely held view that producers from emerging low-cost economies have an increased competitive advantage in the global marketplace because of lower operating costs and a growing highly skilled and developed workforce. The largest proportion of respondents said that they were putting real focus and energy into product and process innovation.


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