Tag Archives | China

Strategies for R&D in emerging economies

ICIS has run several roundtables recently where innovation has risen as a topic, particularly the growing move by chemical majors to carry out innovation in places like China and the difficulties encountered. Now consultancy McKinsey has carried out an industry survey to assess the current situation.It finds that many companies have not even addressed the issue of doing […]

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Unleashing Chinese innovation

Two factors are currently spurring Western chemical companies to commit ever-increasing innovation investment to China. One, the country is now the world’s largest market for chemicals (according to Cefic figures), and two, the government is shifting the focus to domestic demand to drive growth, rather than it being export-led. Dow Corning’s new China Business and […]

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