-How will Asian chemical companies respond -

European and American chemical companies have moved and are moving to boldly and rapidly further "focus" and "globalization" of their business fields, through cross-border deals among companies in order to survive the mega-competition of a worldwide scale. Their recent movements are particularly very extensive, truly involving great upheavals in mergers, acquisitions and alliances (MA & A) of such European and American chemical companies as Exxon-Mobil, Dow-UCC, BP-Amoco-Arco-Veba Oil, and others.

European and American chemical companies who strengthened their competitiveness through the synergy, rationalization and other efforts resulting from large-scale MA & A, are aiming at the growing Asian markets including that of China. Investment in the market-less Middle East is part of their activities to strengthen their competitiveness while they are aiming at the markets in Asian countries including China. On the other hand, Japanese and other Asian chemical companies are naturally working for the growing markets of Asian countries including China, and responding to the above movements.

This report "Mergers, Acquisitions and Alliances in the Chemical Industry-How will Asian chemical companies respond," herein directly and greatly affecting the chemical and petrochemical industries in the world, warrants the close attention of companies, organizations, researchers, and others who are directly or indirectly involved in the chemical and petrochemical industries.

The following are the contents of this Report:
- Background and features of mergers, acquisitions and alliances
- Business strategies of European and American chemical companies
- Activities of global chemical companies by petrochemical products before/after MA & A
- Activities of Asian chemical companies by petrochemical products before/after MA & A
- Activities in Asia of European and American chemical companies
- Activities in Asia of Asian/Japanese chemical companies
- Current situation of Japanese and Asian chemical companies
- Current features of European and American chemical companies
Annex; Directories of petrochemical companies in Asia