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Continue reading →: The year 2010
The year 2010 will see much more activities from power, energy, infrastructure and and automobile sectors. With economy expected to show positive progress, these sectors are believed to provide the stimulus towards the growth. Demand from these sectors will help the chemical industry. The investor confidence is expected to increase…
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Continue reading →: Reliance Industry’s bid for acquiring LyondellBasell
The first blog analyzed the acquisition of Rohm & Hass by Dow Chemicals and Ciba by BASF. There was further analysis of other companies that could go about with a similar strategy of acquisition. A month later after writing that blog, Reliance Industries (the largest petrochemical company in India and…
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Continue reading →: Increasing Product development costs and decreasing length of Product Life Cycle
A major problem in chemical industry has been that product development costs are going up whereas the product life cycle is getting shortened. Especially in this industry, which is heavily based on research, it is of a big concern. Product development costs have gone up for reasons such as: On…
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Continue reading →: Realizing growth in Indian Chemical Industry
Indian Chemical Industry is the 13th largest chemical industry in the world. As of 2008, its size is approximately $35b which is 3% of Indian GDP (Source: http://chemicals.nic.in/chem1.htm). The industry employs about 1million people. KPMG in its report released in the year 2002 assessed that under optimistic and realistic conditions the…
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Continue reading →: DOW’S acquisition of ROHM & HAAS
The article analyzes the acquisition of Rohm & Haas by DOW and the response of BASF to it. The article further looks into a possible third company which might respond with a similar strategy. I. Overview of Chemical Industry scenarioChemical Industry is a $3.2 trillion global enterprise. It is under…