The survival of the global chemical industry

Article Abstract:

The global chemical industry is undervalued, even unappreciated, and on the stock markets of the world has dramatically underperformed. Financial buyers are likely to be a factor in the future. It is likely that in the future a small group of large companies worth $10 bil will exist and include the large specialty chem players. The number of US specialty chem companies in the $1-10 bil category will be lower, significantly. A group of niche players probably will exist and grow, but miniconglomerates will not. In commodity chems the smaller players likely will be in more joint ventures like Equistar. Commoditization and consolidation will go on. Manufacturing in heavy industrial sectors has moved from Europe to Asia but closing plants in Europe is not feasible. New plants can be started, however, and India is attractive for manufacturing fine chems. The Middle East has long been attractive for commodity chem making. Europe and the US in time may not be places to make chemicals. New market sectors and biotechnology/renewable resources are discussed.

Europe, Asia, Middle East, Statistical Data Included, Manufacturing industry, Manufacturing industries, Laws, regulations and rules, Employment, International aspects, Environmental aspects, Investment companies, Pollution, Chemical plants, Petroleum chemicals industry, Petrochemicals industry

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Five routes to deep collaboration in the chemical industry

Article Abstract:

New ideas on the effective management of chemical companies, to convert them from their vertical, self-isolating business model to horizontally distributed collaborating business, are discussed. Identifying product opportunities, product development, manufacturing, market distribution, and product support are five areas that are crucial for the success of the chemical industry.

United States, Methods, Models, Analysis, Management, Industrial development, Industrialization, Vertical integration, Horizontal integration

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A leap in the history of leaping

Article Abstract:

The atomic clock, the shortwave radio station that broadcasts official time signals for US use, requiring a leap second once every 3 years, roughly, and the history of calendars are discussed. Solar time and calendars required some adjustments between the time Rome emerged as a world power and the present.

History, Calendars

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