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China’s Midmarket
Raw Materials for the Middle Class - China's rapidly expanding midlevel market appeals to both multinational companies and to domestic chemical companies, though they approach it from different directions. Much has been written about the midlevel market in China - for products from cars and health care equipment to consumer goods and household appliances. more
Chinese Chemical Industry Trends
Chinese Overview - Throughout the year 2011, we covered several aspects of the chemical industry in China, ranging from R&D cooperation to strategy development and the tendency of mu more
Specialty Chemicals in China
Faster Than Industry Average - Generally, the chemical industry in any given country starts with basic chemicals and moves on to higher-value chemicals later.Accordingly, in China, more than 50% of chemical sales come from basic chemicals, while in Japan the figure is around 40%. As China's development proceeds, specialty chemicals will therefore grow faster than the chemical industry average.
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Chemical Industry R&D Cooperation in China
Working Together - Carrying out research and development (R&D) in China is now widely established among chemical multinational companies. Dr. Kai Pflug of Management Consulting - Chemicals and Dr. Bernhard Hartmann of A.T. Kearney China will highlight the preconditions for R&D cooperations between multinational companies (MNCs) and domestic chemical companies in China. more
Localization a Key Success Factor for Doing Business in China
Stiff Competition - When looking at China, the competition between domestic companies and multinationals has so far largely been one between cost and customer relationship advantages on the side of the domestic players, and advantages with regard to quality and product portfolio on the side of the multinationals. Multinationals will surely try to cement these advantages by keeping their focus on product quality, and by staying ahead of the domestic competition via constant innovation and thus a superior product portfolio. more
Strategy Development in the Chemical Industry in China
Strategy Development in the Chemical Industry in China - From a Western perspective, business strategies should be based on two perspectives: an external and an internal one. Differences - From a Western perspective, business strategies should be based on two perspectives: an external and an internal one. The external perspective covers all aspects of the outside world, while the internal perspective focuses on the specifics of the company developing the strategy. more28.09.2010AkzoNobel Eyes €20 Billion In Sales, 13-15% Margin
Dutch paints group AkzoNobel said it would target a 13-15% core profit margin and €20 billion ($26.69 billion) in annual sales as it joins other chemicals firms tapping emerging markets growth. The world's largest coatings company has almost completed the integration of British paints firm ICI, which it bought in Jan. 2008, having cut jobs and closed factories to achieve a 14% core profit margin a year ahead of schedule. more
Never Waste a Crisis
Resilience - The 16 months Lyondellbasell spent in Chapter11 was a time of belt tightening and strategic rethinking. Having emerged from bankruptcy in April with a net debt load reduced from over $24 billion to approximately $5 billion and a new top holding company - Lyondellbasell Industries NV - the company is planning a public listing on the New York Stock Exchange in Q3 of this year. more- Legal
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