The Future of the Chemical Industry

Author:   Roger Jones (President, President, Franklin International LLC)
Publisher:   Oxford University Press Inc
Volume:   1026
ISBN:  

9780841200029


Pages:   144
Publication Date:   08 April 2010
Format:   Hardback
Availability:   Awaiting stock   Availability explained
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The Future of the Chemical Industry


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Overview

"The global chemical industry is undergoing rapid and fundamental changes, from the widening of globalized competition, to erratic and dramatic raw material price changes, and the looming impact of ""climate change"" legislation and treaties. The ""Great Recession"" has further impacted industry in ways that have yet to be fully understood. One strategy to deal with these problems has been observed in the petrochemical area: close older plants in the US and Europe and shift production to backward integrated plants in the Persian Gulf by partnering with local state-owned companies. A new study is presented that shows university graduates with degrees in chemistry at all levels have been finding it increasingly difficult to find employment, while those with degrees in chemical engineering are very much in demand. This trend is not really new, simply ignored previously, as the data have been available for over twenty years. Inflation-adjusted starting salaries for chemists have remained stagnant for two decades, while those for chemical engineers have grown steadily during the same period. One industry sector that still holds promise of continuing growth is pharmaceuticals. However, government cost controls and limitations on patent rights present a strong challenge to drug companies; their strategies to cope with these problems in a number of individual country markets are reviewed and discussed European-based chemical have found that slowing domestic population growth is pushing them to emphasize exports. Many view China as the market with the most appeal; major product and market segments in China are analyzed from the viewpoint of an overseas producer looking for offshore business. The astonishing growth and evolution of China's manufacturing sector continues to affect chemical producers in virtually every other country. Chinese companies are now moving up the value chain, driven mainly by the need to satisfy domestic markets since the Great Recession has sharply curtailed overseas demand for Chinese exports. The US Government is continuing to fund alternative energy technologies and the current state of the art in fuel cells is reviewed."

Full Product Details

Author:   Roger Jones (President, President, Franklin International LLC)
Publisher:   Oxford University Press Inc
Imprint:   Oxford University Press Inc
Volume:   1026
Dimensions:   Width: 15.90cm , Height: 1.30cm , Length: 23.60cm
Weight:   0.327kg
ISBN:  

9780841200029


ISBN 10:   0841200025
Pages:   144
Publication Date:   08 April 2010
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   No Longer Our Product
Availability:   Awaiting stock   Availability explained
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

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Reviews

The authors have assembled a strong database of industrial data up to 2007, which will be of value by itself. The book has value to readers who are interested in data on the economic development of the chemical industry and are looking for a sound discussion of its future development.--Chemistry International


<br> The authors have assembled a strong database of industrial data up to 2007, which will be of value by itself. The book has value to readers who are interested in data on the economic development of the chemical industry and are looking for a sound discussion of its future development. --Chemistry International<br>


Author Information

Roger F. Jones is a management consultant, author, and lecturer, following a 50+ years career in the chemicals and plastics industries as a CEO, mid-level manager, and individual professional. He has over 100 peer-reviewed papers and three society-sponsored books published on industrial technical, economic, and managerial topics (this is his fourth book).

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