Friday, February 04, 2011

Growth in R&D in USA’s petrochem industry will sustain competitive edge in high performance and differentiated products

Rationalisation has eroded USAs lead in commodity chemicals in the face of massive Chinese and Middle Eastern capacity growth, but the petrochemicals industry is witnessing growth in research and deveelopment (R&D) that should sustain its competitive edge in high performance and differentiated products, according to BMIs latest US Petrochemicals Report.

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