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Chemical Week Magazine :: Viewpoint
Japan Looks Outward
7:26 AM MDT | April 27, 2012
Japan’s chemical industry has faced severe challenges in the past year. The Great East Japan Earthquake and Thailand floods in 2011 stressed supply chains, and weaker markets in China and Europe have limited exports. The near-term outlook is weak as producers confront challenges in the domestic market and weak export demand (p. 19). Producers in Japan have long acknowledged the need to become more global, but efforts to make that happen finally appear to be advancing. Mitsubishi Chemical Holdings CEO Yoshimitsu Kobayashi notes that Japanese automotive and...
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