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: Germany’s chemical industry in “crucial phase” admits VCI
"The sector as a whole is seen as losing competitiveness, petrochemicals and plastics significantly."
VIDEO: ICIS Special Report - reasons behind 2014 VAM price surge