Japan

‘Robust’ Economic Growth Ahead Most major Japanese chemical makers indicate that they expect their financial performance to improve in 2007. They cite the Japanese economy, which is forecast to continue strengthening, as is demand for chemicals. Many firms say they remain focused on long-term growth plans that include cost-cutting initiatives as well as programs to streamline operations. Some firms, including Sumitomo Chemical, are also focusing efforts on becoming more globalized, like their Western competitors—a plan that many analysts praise...

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