Asian Chemical Connections
Despite declining research intensity, research and development is alive and well in the global chemical industry. Which leading players are seeking to strengthen international activities?
SINCE ITS inception, the chemical industry has placed a high priority on investing in research and development (R&D). While the absolute amount of dollars spent continues to climb, research intensity (R&D/sales) has actually fallen in recent years.
INSIGHT: China may see major ethylene shortfall by 2019
"At $50-90/bbl for Brent, UBS estimates the internal rate of return (IRR) for China CTO/MTO projects range from 5-10% – mostly too low to justify inve
VIDEO: ICIS Special Report: Innovation is key to success