Thailand toils to climb the industry ladder

Gibson, Jane; Kovac, Matt
September 2006
ICIS Chemical Business;9/4/2006, Vol. 1 Issue 33, p17
Trade Publication
The article analyzes the capability of Thailand to compete in the global chemical and petrochemical industry. The country wants to move up the value chain and compete on innovation in chemical and petrochemical products. However, the country is caught in a quandary since it still wants to compete in the volume commodity arena. This will hamper the country from improving its standing among the innovative countries. Poor investment in human resources and lack of research and development projects also plague the industry.


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