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Global competition: Towards continual improvement on catalysis in chemical intermediates production

The outlook for the future growth of Japanese petrochemical business can be expressed as “distressful” especially when considering business characteristics and global competition. For Japanese companies, the most critical issue is whether petrochemistry can support industrial production of a wide range of chemical products. Business, production, and technology development must all be executed with exceptionally qualitative strategies and rationalization. Technology development of catalysis, which is the key technology for petrochemistry, must also be correlated with such strategies.