Asian Chemical Connections
Despite the automotive industry bearing the brunt of the global financial crisis, chemical producers are motoring ahead with innovative new products
THE TREND towards more efficient vehicles, lower emissions and improved fuel consumption has driven weight reduction to the top of the automotive agenda.
Although the ailing sector has been badly affected by the downturn, producers can ill afford to slam the brakes onto investment in new products.
INSIGHT: Expect tough competition in downstream chems - HSBC
“An estimated 80% of the growth potential estimated by financial analysts for developed market players in emerging markets is under threat.”
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