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Arthur D. Little
Global Specialty Chemicals is a World of Extremes
A Fragmented Industry - The global specialty chemicals industry has revenues in excess of $550 billion and is quite fragmented with 350 industry sub-segments and considerable geographic diversity. While the industry provided considerable growth and added value characteristics through the early 1990s, it has been on the path of commoditization for over a decade.The economic crisis that peaked in 2009 featured a significant decline of revenues in North America and Europe but comparatively better performance among Asian specialty chemical sectors.
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Technical Marketing in the Chemical Industry
New Meaning - The transformation of the chemical industry into a market-oriented sector has changed the meaning of technical marketing. Today technical marketing has a leverage effect on most areas in the process chain. In most cases, innovation, cost and capital efficiency can be enormously increased by subjecting this area to basic optimization. more
A Rose in the Bud
The Graduate has one of the most memorable lines in movie history. "There's a great future in plastics," the protagonist Ben is advised, and it's a piece of advice that turned out to be prescient. Driven by steady improvements in cost, quality and choice in the petrochemical industry, plastics have become ubiquitous for packaging, containers, fabrics, coatings and other customer durables. Petrochemicals also deliver the key ingredients for cosmetics, personal care and many of our food and pharmaceutical products. more
Success in Times of Crisis
Capital Efficiency - With the credit crunch in full force, a superficial analysis would suggest that capital intensive industries would be hit hardest. However, in the chemical industry, the robust performance of most of the capital intensive industries results in a strategic advantage in times of economic downturn. Arthur D. more- Legal
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