Rebuilding in Japan

Mitsubishi Chemical, subject of this week’s cover story (p. 17), offers a glimpse at influences and strategies that are reshaping Japan’s chemical sector. A prolonged domestic slump and the rise of Mideast and China influence in commodity chemical production has stressed the business models of Japanese chemical makers, including Mitsubishi Chemical. Japanese chemical majors, and even some minors, historically pursued business strategies similar to one another with expansive operations across a broad array of product lines, resulting in a fragmented...

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