The world's chemical industry to develop in the direction of specialization and features

Focus on core industries to develop in the direction of specialization and features

Major chemical companies world famous for its advantages of non-core business is not mainly structural adjustment. Most of them have contracted scope of business, give up the non-core business, strengthen the core business, its monopoly in a particular area can be further strengthened. Such as the transfer of ammonia ICI, BP sold carbon fiber, butyl acetate, isopropyl acetate, etc.. For these reasons, current international has formed three companies:

1. To Exxon Mobil, Shell, BP, represented the middle and lower reaches of comprehensive integrated major oil companies operating.

2. Large dedicated and high value-added specialty chemicals companies such as Ciba Specialty Chemicals Inc., Rohm and Haas Company, Weber and others.

3. To retain a small part or most of the core strengths petrochemicals business, or part of the main body to include the pharmaceutical, health care, agriculture and other direction. Such as DuPont, Bayer, Rhone-Poulenc, Monsanto, etc..

Focus on developing high-tech and high value-added industries

Looking around the world chemical industry, high technology has become the world's chemical industry affect the international competitiveness of key factors to information technology, bio-technology, nanotechnology, catalysis technology, new energy technology, new materials and technology represented by the new technology, the world's chemical industries in the new economy provide significant impetus to upgrade, and strong support for the world to generate new chemical technology breakthrough, enabling the global chemical industry in the 21st century a broader space for development. The world's leading multinational companies to gain competitive advantage, are willing to increase investment in science and technology development to establish its leading position worldwide.

Bulk chemical products to the location of the transfer of raw materials and markets (raw material localized)

Many companies to reduce shipping costs, lower labor costs and ease environmental pressures, have adopted different means, such as the ammonia gas to a local transfer; petrochemical industry shift to central and eastern areas; polluting projects to developing countries.

Present upstream and downstream integration, the integration of upstream and downstream production units have become the mainstream of the global chemical industry's development, integration, cost of raw materials can be optimized to reduce the cost of transport and terminal sales, as well as utilities, management costs, and other expenses, improve equipment utilization, increase revenue. In the future, integrated chemical company, and access to low-cost raw materials, chemical companies will be dominant in the industry, while small and medium-sized operators are forced to leave the chemical industry, a number of pure chemical companies will also be out of chemical industry.

Environmental protection and sustainable development, environmental protection and sustainable development of the world's chemical industry development trend, as chemical products and upgrade technologies to promote the main driving force. World chemical industry in the 21st century will be tireless efforts, through the implementation of environment-friendly technology, attach importance to investment in environmental protection to energy saving and rational use of existing resources, improve environmental quality. With a view to the whole society to create more wealth, recognition by society, establish a good image of the industry.

Asia Pacific region as an investment hot spot in the petrochemical industry are vibrant period of growth, the demand for chemical products, while showing a fast growing trend, the region a large population, abundant raw materials, economic development, speed, a huge potential consumer market of chemicals . 2010, Asian demand in the world chemical market share from the current 24% to 38%, much higher than the 22.6% in North America and Western Europe 24%. Developed countries in the Asia-Pacific region has become a major transfer of large petrochemical companies and traditional chemical products of the hot spots.

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The world's chemical industry to develop in the direction of specialization and features