European and American chemical companies will no longer test the resilience of the global economic s

  News of the new network in Europe this year, the debt crisis and emerging markets continue to introduce monetary tightening, to just come out from the 2008 recession to the chemical market adds more uncertainty. August 5 Standard & Poors announced the downgrade of U.S. sovereign credit rating, industry exacerbated concerns about the global economic outlook. A recent survey by the ICIS and global management consulting firm Accenture (Accenture) showed that the pace of recovery in U.S. and European chemical companies results inconsistent policies in response to the vagaries of the market environment is also taken different emphases.


  From 2008 to 2009 after the financial crisis chemical companies than many people imagine the pace of recovery was much faster. As the demand from the Asian market is growing, driven by exports in Europe and North America, the companys chemical product prices and sales rose in varying degrees. However, as the pace of recovery in the downstream industry is inconsistent, so the service in different areas of chemical companies feel different. Survey showed that while 40% of companies said sales have returned to pre-crisis levels, and started a new strategic investment, but there are still 37% of the company, said the end of 2011 it may be a full recovery.


Accentures chemical business, global head Paul Biya Jack (Paul Bjacek) said: "While demand growth in Asian markets chemicals has gone beyond the level of 2007 and 2008, but in the mature markets, sales are still not fully recovered, especially In the field of plastics and resins, inorganic chemicals, industrial gases, etc. But good news is that the pharmaceutical and agrochemical sectors have recovered to pre-recession levels. "


But last year, the European debt crisis intensified, the U.S. debt market also led to concerns in some Asian countries in order to suppress their own inflation and monetary tightening, the global economic situation suddenly tense up, so many chemical companies have started to prepare for a severe test. The survey found that many of the existing problems hamper enhance the companys performance. One of the most serious is the rising raw material and energy costs, more than 80 percent of companies are extremely concerned about this issue. Followed by joint order of suppliers, overcapacity in emerging markets and increasingly stringent regulations. Shakespeare Jack believes that only those companies that have the flexibility to deal with these issues in order to be successful in the future, the next few years to expand the scale and the combined company will become a major trend.
 
In addition, instability, product commercialization and sustainability of the economic situation but also chemical company concern. Shakespeare Jack added, comply with the principles of sustainability and more important, its not just for business plus the image of engineering, but also become a major commercial customers such as large retailers, the supplier selection factors a priority, it can strongly enhance the companys performance. Therefore, chemical companies must conform to this trend through new products, new processes, new materials and supply chain, and the need to strengthen communication with customers, promotional products environmentally friendly.


When asked what kind of uncertainty is relatively easy to deal with, the chemical companies generally considered changing customer needs, Shakespeare Jack pointed out that this may be because many companies currently have sufficient cash flow, you can expand production capacity and develop new products to maximize customized solutions. To meet the challenges of the future brings uncertainty which must have the ability, the survey generally agreed that the most important thing is to effectively manage the supply chain of raw materials, cost control inputs to reduce the impact of market changes brought about; followed by the use of business intelligence analysis and formulation coping strategies; once again is the use of expertise in production and service innovations; finally obtain and retain talent on a global scale, many companies consider in this regard need to put more effort. There are many companies to establish R & D centers in emerging and high-growth markets as measures to improve market flexibility priority.


Survey shows that in the future development, chemical companies are most concerned about the balance sheet and capital management, suggesting that many companies still will improve the financial performance as a key task. The next is looking for partners to accelerate the penetration of high-growth markets, as well as mergers and acquisitions and divestments in order to improve the strategic position in the target market. More than 1/4 of the company said that in the next five years will be at least one major merger and acquisition activity, 30% of companies said the main motivation consider small acquisitions, mergers and acquisitions is to enter new geographic markets.News of the new network in Europe this year, the debt crisis and emerging markets continue to introduce monetary tightening, to just come out from the 2008 recession to the chemical market adds more uncertainty. August 5 Standard & Poors announced the downgrade of U.S. sovereign credit rating, industry exacerbated concerns about the global economic outlook. A recent survey by the ICIS and global management consulting firm Accenture (Accenture) showed that the pace of recovery in U.S. and European chemical companies results inconsistent policies in response to the vagaries of the market environment is also taken different emphases.


From 2008 to 2009 after the financial crisis chemical companies than many people imagine the pace of recovery was much faster. As the demand from the Asian market is growing, driven by exports in Europe and North America, the companys chemical product prices and sales rose in varying degrees. However, as the pace of recovery in the downstream industry is inconsistent, so the service in different areas of chemical companies feel different. Survey showed that while 40% of companies said sales have returned to pre-crisis levels, and started a new strategic investment, but there are still 37% of the company, said the end of 2011 it may be a full recovery.


Accentures chemical business, global head Paul Biya Jack (Paul Bjacek) said: "While demand growth in Asian markets chemicals has gone beyond the level of 2007 and 2008, but in the mature markets, sales are still not fully recovered, especially In the field of plastics and resins, inorganic chemicals, industrial gases, etc. But good news is that the pharmaceutical and agrochemical sectors have recovered to pre-recession levels. "


But last year, the European debt crisis intensified, the U.S. debt market also led to concerns in some Asian countries in order to suppress their own inflation and monetary tightening, the global economic situation suddenly tense up, so many chemical companies have started to prepare for a severe test. The survey found that many of the existing problems hamper enhance the companys performance. One of the most serious is the rising raw material and energy costs, more than 80 percent of companies are extremely concerned about this issue. Followed by joint order of suppliers, overcapacity in emerging markets and increasingly stringent regulations. Shakespeare Jack believes that only those companies that have the flexibility to deal with these issues in order to be successful in the future, the next few years to expand the scale and the combined company will become a major trend.
 
In addition, instability, product commercialization and sustainability of the economic situation but also chemical company concern. Shakespeare Jack added, comply with the principles of sustainability and more important, its not just for business plus the image of engineering, but also become a major commercial customers such as large retailers, the supplier selection factors a priority, it can strongly enhance the companys performance. Therefore, chemical companies must conform to this trend through new products, new processes, new materials and supply chain, and the need to strengthen communication with customers, promotional products environmentally friendly.


When asked what kind of uncertainty is relatively easy to deal with, the chemical companies generally considered changing customer needs, Shakespeare Jack pointed out that this may be because many companies currently have sufficient cash flow, you can expand production capacity and develop new products to maximize customized solutions. To meet the challenges of the future brings uncertainty which must have the ability, the survey generally agreed that the most important thing is to effectively manage the supply chain of raw materials, cost control inputs to reduce the impact of market changes brought about; followed by the use of business intelligence analysis and formulation coping strategies; once again is the use of expertise in production and service innovations; finally obtain and retain talent on a global scale, many companies consider in this regard need to put more effort. There are many companies to establish R & D centers in emerging and high-growth markets as measures to improve market flexibility priority.


Survey shows that in the future development, chemical companies are most concerned about the balance sheet and capital management, suggesting that many companies still will improve the financial performance as a key task. The next is looking for partners to accelerate the penetration of high-growth markets, as well as mergers and acquisitions and divestments in order to improve the strategic position in the target market. More than 1/4 of the company said that in the next five years will be at least one major merger and acquisition activity, 30% of companies said the main motivation consider small acquisitions, mergers and acquisitions is to enter new geographic markets.
News of the new network in Europe this year, the debt crisis and emerging markets continue to introduce monetary tightening, to just come out from the 2008 recession to the chemical market adds more uncertainty. August 5 Standard & Poors announced the downgrade of U.S. sovereign credit rating, industry exacerbated concerns about the global economic outlook. A recent survey by the ICIS and global management consulting firm Accenture (Accenture) showed that the pace of recovery in U.S. and European chemical companies results inconsistent policies in response to the vagaries of the market environment is also taken different emphases.


From 2008 to 2009 after the financial crisis chemical companies than many people imagine the pace of recovery was much faster. As the demand from the Asian market is growing, driven by exports in Europe and North America, the companys chemical product prices and sales rose in varying degrees. However, as the pace of recovery in the downstream industry is inconsistent, so the service in different areas of chemical companies feel different. Survey showed that while 40% of companies said sales have returned to pre-crisis levels, and started a new strategic investment, but there are still 37% of the company, said the end of 2011 it may be a full recovery.


Accentures chemical business, global head Paul Biya Jack (Paul Bjacek) said: "While demand growth in Asian markets chemicals has gone beyond the level of 2007 and 2008, but in the mature markets, sales are still not fully recovered, especially In the field of plastics and resins, inorganic chemicals, industrial gases, etc. But good news is that the pharmaceutical and agrochemical sectors have recovered to pre-recession levels. "


But last year, the European debt crisis intensified, the U.S. debt market also led to concerns in some Asian countries in order to suppress their own inflation and monetary tightening, the global economic situation suddenly tense up, so many chemical companies have started to prepare for a severe test. The survey found that many of the existing problems hamper enhance the companys performance. One of the most serious is the rising raw material and energy costs, more than 80 percent of companies are extremely concerned about this issue. Followed by joint order of suppliers, overcapacity in emerging markets and increasingly stringent regulations. Shakespeare Jack believes that only those companies that have the flexibility to deal with these issues in order to be successful in the future, the next few years to expand the scale and the combined company will become a major trend.
 
In addition, instability, product commercialization and sustainability of the economic situation but also chemical company concern. Shakespeare Jack added, comply with the principles of sustainability and more important, its not just for business plus the image of engineering, but also become a major commercial customers such as large retailers, the supplier selection factors a priority, it can strongly enhance the companys performance. Therefore, chemical companies must conform to this trend through new products, new processes, new materials and supply chain, and the need to strengthen communication with customers, promotional products environmentally friendly.


When asked what kind of uncertainty is relatively easy to deal with, the chemical companies generally considered changing customer needs, Shakespeare Jack pointed out that this may be because many companies currently have sufficient cash flow, you can expand production capacity and develop new products to maximize customized solutions. To meet the challenges of the future brings uncertainty which must have the ability, the survey generally agreed that the most important thing is to effectively manage the supply chain of raw materials, cost control inputs to reduce the impact of market changes brought about; followed by the use of business intelligence analysis and formulation coping strategies; once again is the use of expertise in production and service innovations; finally obtain and retain talent on a global scale, many companies consider in this regard need to put more effort. There are many companies to establish R & D centers in emerging and high-growth markets as measures to improve market flexibility priority.


Survey shows that in the future development, chemical companies are most concerned about the balance sheet and capital management, suggesting that many companies still will improve the financial performance as a key task. The next is looking for partners to accelerate the penetration of high-growth markets, as well as mergers and acquisitions and divestments in order to improve the strategic position in the target market. More than 1/4 of the company said that in the next five years will be at least one major merger and acquisition activity, 30% of companies said the main motivation consider small acquisitions, mergers and acquisitions is to enter new geographic markets.
News of the new network in Europe this year, the debt crisis and emerging markets continue to introduce monetary tightening, to just come out from the 2008 recession to the chemical market adds more uncertainty. August 5 Standard & Poors announced the downgrade of U.S. sovereign credit rating, industry exacerbated concerns about the global economic outlook. A recent survey by the ICIS and global management consulting firm Accenture (Accenture) showed that the pace of recovery in U.S. and European chemical companies results inconsistent policies in response to the vagaries of the market environment is also taken different emphases.


From 2008 to 2009 after the financial crisis chemical companies than many people imagine the pace of recovery was much faster. As the demand from the Asian market is growing, driven by exports in Europe and North America, the companys chemical product prices and sales rose in varying degrees. However, as the pace of recovery in the downstream industry is inconsistent, so the service in different areas of chemical companies feel different. Survey showed that while 40% of companies said sales have returned to pre-crisis levels, and started a new strategic investment, but there are still 37% of the company, said the end of 2011 it may be a full recovery.


Accentures chemical business, global head Paul Biya Jack (Paul Bjacek) said: "While demand growth in Asian markets chemicals has gone beyond the level of 2007 and 2008, but in the mature markets, sales are still not fully recovered, especially In the field of plastics and resins, inorganic chemicals, industrial gases, etc. But good news is that the pharmaceutical and agrochemical sectors have recovered to pre-recession levels. "


But last year, the European debt crisis intensified, the U.S. debt market also led to concerns in some Asian countries in order to suppress their own inflation and monetary tightening, the global economic situation suddenly tense up, so many chemical companies have started to prepare for a severe test. The survey found that many of the existing problems hamper enhance the companys performance. One of the most serious is the rising raw material and energy costs, more than 80 percent of companies are extremely concerned about this issue. Followed by joint order of suppliers, overcapacity in emerging markets and increasingly stringent regulations. Shakespeare Jack believes that only those companies that have the flexibility to deal with these issues in order to be successful in the future, the next few years to expand the scale and the combined company will become a major trend.
 
In addition, instability, product commercialization and sustainability of the economic situation but also chemical company concern. Shakespeare Jack added, comply with the principles of sustainability and more important, its not just for business plus the image of engineering, but also become a major commercial customers such as large retailers, the supplier selection factors a priority, it can strongly enhance the companys performance. Therefore, chemical companies must conform to this trend through new products, new processes, new materials and supply chain, and the need to strengthen communication with customers, promotional products environmentally friendly.


When asked what kind of uncertainty is relatively easy to deal with, the chemical companies generally considered changing customer needs, Shakespeare Jack pointed out that this may be because many companies currently have sufficient cash flow, you can expand production capacity and develop new products to maximize customized solutions. To meet the challenges of the future brings uncertainty which must have the ability, the survey generally agreed that the most important thing is to effectively manage the supply chain of raw materials, cost control inputs to reduce the impact of market changes brought about; followed by the use of business intelligence analysis and formulation coping strategies; once again is the use of expertise in production and service innovations; finally obtain and retain talent on a global scale, many companies consider in this regard need to put more effort. There are many companies to establish R & D centers in emerging and high-growth markets as measures to improve market flexibility priority.


Survey shows that in the future development, chemical companies are most concerned about the balance sheet and capital management, suggesting that many companies still will improve the financial performance as a key task. The next is looking for partners to accelerate the penetration of high-growth markets, as well as mergers and acquisitions and divestments in order to improve the strategic position in the target market. More than 1/4 of the company said that in the next five years will be at least one major merger and acquisition activity, 30% of companies said the main motivation consider small acquisitions, mergers and acquisitions is to enter new geographic markets.