Current Status and Themes of the Japanese Petrochemical Industry

Despite continuing concerns about global financial conditions, economic stimulus measures initiated worldwide are beginning to boost the economy and slow downward economic trends. For 2010, it has been forecast that the Asian economy will show significant economic growth. Unfortunately, however, the outlook for the advanced economy of Japan is bleak and continuing underperformance is expected. Deflationary trends will continue and self-sustained economic recovery may take some time. Against this backdrop, I believe the Japanese petrochemical industry must focus...

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