“The drivers of the industry are identified as high growth in developing regions, high demand in end-user industries, and high existing production capacities of 1,4-butanediol. Most of the production capacity of 1,4-butanediol exists in Asian region and high growth in their demand is mainly observed in developing countries. The high production capacities in the region also give flexibility to the manufacturers to scale up the production depending upon demand trends. The restraining factors are identified as raw material price volatility and high manufacturing cost of the 1,4-butanediol industry. The issues in the market are mainly pertaining to that of a maturing industry .i.e. steady growth in mature markets such as U.S. and Europe, and environmental concerns as well. The industry players are following strategies such as consolidation and capacity expansion to address to the demands generated by end-user industries and developing countries. Global BDO market is highly concentrated. This can be mainly attributed to the barriers existed in the sourcing of production technology and raw materials. Few handful companies are dominating global BDO market. Moreover these companies are captively using large portion of their BDO produce in the manufacture of their downstream products. This has restricted outspread of this market across the globe.
This study on 1,4-butanediol market estimates its global demand and market value for 2013 and projects the expected demand and market value of the same by 2019. As a part of the quantitative analysis, the study segments the global market by technology and applications at country level with current market estimation and forecast till 2019. The countries covered in the report are the U.S., Germany, France, U.K., The Netherlands, China, Japan, Taiwan, India, South Korea and Malaysia. The segmentation by technology includes Reppe process, davy process, butadiene process, propylene oxide process and others; while on the basis of its application, the segmentation includes THF, PBT, GBL, PU, and others.
As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, and key issues in the market.
It also includes company profiling and competitive strategies adopted by various market players including BASF SE (Germany), Dairen Chemicals (Taiwan), LyondellBasell Chemicals (The Netherlands), Shanxi Sanwei Group (China), International Specialty Products (U.S.), Invista (U.S.), and Mitsubishi Chemicals (Japan), and so on.
”
“TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.1.1 Regional Scope 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 15
1.5 PACKAGE SIZE 15
1.6 LIMITATIONS 16
1.7 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 19
2.2 MARKET SIZE ESTIMATION 19
2.2.1 TOP-DOWN APPROACH 20
2.2.2 BOTTOM-UP APPROACH 21
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 21
2.4 RESEARCH ASSUMPTIONS 22
2.4.1 ASSUMPTIONS 22
3 EXECUTIVE SUMMARY 23
4 PREMIUM INSIGHTS 26
4.1 UPCOMING OPPORTUNITIES IN BDO MARKET 26
4.2 TOP FOUR APPLICATIONS OF BDO 27
4.3 BDO MARKET IN ASIA-PACIFIC 28
4.4 CHINA DOMINATES THE BDO MARKET 29
4.5 BDO MARKET: DEVELOPED VS. DEVELOPING NATIONS 30
4.6 BDO MARKET, BY APPLICATION (2014–2019) 31
4.7 PRODUCT GROWTH MATRIX 31
4.8 LIFECYCLE ANALYSIS, BY REGION 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 MARKET DYNAMICS 35
5.2.1 DRIVERS 36
5.2.1.1 GROWING DEMAND FROM THF INDUSTRY 36
5.2.1.2 Increasing demand FOR PBT 36
5.2.1.3 Emerging markets will drive the demand for PU 36
5.2.1.4 GROWTH IN EMERGING MARKETS 37
5.2.2 RESTRAINTS 37
5.2.2.1 Higher manufacturing cost 37
5.2.2.2 Volatility of raw material prices 37
5.2.3 OPPORTUNITIES 38
5.2.3.1 Production of bio-based BDO 38
5.2.3.2 Development of BDO using coal-to-chemical technology 38
5.2.4 CHALLENGE 39
5.2.4.1 Impulsive market conditions 39
5.2.5 BURNING ISSUE 39
5.2.5.1 HIGH MARKET CONCENTRATION 39
6 INDUSTRY TRENDS 40
6.1 INTRODUCTION 40
6.2 VALUE CHAIN ANALYSIS 40
6.3 PRICE & COST ANALYSIS 41
6.4 RAW MATERIAL ANALYSIS 41
6.4.1 ACETYLENE 41
6.4.2 PROPYLENE OXIDE 42
6.4.3 MALEIC ANHYDRIDE 42
6.4.4 N-BUTANE 42
6.4.5 BUTADIENE 42
6.4.6 SUCCINIC ACID 43
6.5 PORTER’S FIVE FORCES ANALYSIS 44
6.5.1 BARGAINING POWER OF SUPPLIERS 44
6.5.2 BARGAINING POWER OF BUYERS 44
6.5.3 THREAT OF SUBSTITUTES 45
6.5.4 THREAT OF NEW ENTRANTS 45
6.5.5 INTENSITY OF RIVALRY 45
6.6 MARKET SHARE ANALYSIS 46
7 1,4 BUTANEDIOL MARKET, BY TECHNOLOGY 47
7.1 INTRODUCTION 48
7.2 REPPE PROCESS 49
7.3 DAVY PROCESS 49
7.4 BUTADIENE PROCESS 50
7.5 PROPYLENE OXIDE PROCESS 50
7.6 OTHERS 51
8 1,4 BUTANEDIOL MARKET, BY APPLICATION 52
8.1 INTRODUCTION 53
8.2 THF 54
8.2.1 PTMEG 56
8.2.2 SOLVENTS 56
8.2.3 OTHERS 57
8.3 POLY BUTYLENES TEREPHTHALATE (PBT) 58
8.3.1 AUTOMOTIVE INDUSTRY 59
8.3.2 ELECTRICAL & ELECTRONICS 60
8.3.3 CONSUMER APPLIANCES 60
8.3.4 OTHERS 60
8.4 GAMMA BUTYROLACTONE (GBL) 61
8.4.1 N-METHYL-2-PYRROLIDONE 62
8.4.2 2-PYRROLIDONE/N-VINYL-2-PYRROLIDONE/ POLYVINYLPYRROLIDONE 63
8.4.3 OTHERS (SOLVENT FOR AGRICULTURAL CHEMICALS & LITHOGRAPHY) 63
8.5 PU 63
8.6 OTHERS 66
9 BDO MARKET, BY REGION 67
9.1 INTRODUCTION 68
9.2 NORTH AMERICA 70
9.2.1 U.S. 72
9.2.2 OTHERS 73
9.3 EUROPE 75
9.3.1 GERMANY 77
9.3.2 FRANCE 78
9.3.3 U.K. 79
9.3.4 NETHERLANDS 80
9.3.5 OTHERS 81
9.4 ASIA-PACIFIC 83
9.4.1 CHINA 85
9.4.2 JAPAN 87
9.4.3 TAIWAN 88
9.4.4 MALAYSIA 89
9.4.5 SOUTH KOREA 90
9.4.6 OTHERS 92
9.5 ROW 93
10 COMPETITIVE LANDSCAPE 94
10.1 OVERVIEW 95
10.2 AGREEMENTS & COLLABORATIONS: THE MOST POPULAR GROWTH STRATEGY 96
10.3 BIOAMBER INC., BASF SE, GENOMATICA INC., & SIPCHEM: MOST ACTIVE PARTICIPANTS 98
10.4 COMPETITIVE SITUATION & TRENDS 98
10.4.1 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS & JOINT VENTURES 99
10.4.2 EXPANSIONS 102
10.4.3 NEW PRODUCT LAUNCHES, AWARDS & DEVELOPMENTS 104
11 COMPANY PROFILES 105
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 INTRODUCTION 105
11.2 SK GLOBAL CHEMICAL CO. LTD. 107
11.3 BASF SE 109
11.4 MITSUI & CO. LTD. 112
11.5 MITSUBISHI CHEMICAL CORPORATION 114
11.6 NAN YA PLASTICS CORPORATION 116
11.7 ASHLAND INC. 118
11.8 BIOAMBER INC. 120
11.9 CHEMTURA CORPORATION 123
11.10 CHONGQING JIAN FENG CHEMICAL INDUSTRY CO. LTD 125
11.11 DAIREN CHEMICAL CORPORATION 127
11.12 GENOMATICA INC. 129
11.13 INVISTA S.A.R.L 132
11.14 SAUDI INTERNATIONAL PETROCHEMICAL COMPANY (SIPCHEM) 133
11.15 SHANXI SANWEI GROUP CO. LTD 135
*Details might not be captured in case of unlisted companies
12 APPENDIX 136
12.1 INSIGHTS OF INDUSTRY EXPERTS 136
12.2 DISCUSSION GUIDE 137
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 141
12.4 RELATED REPORTS 142
“
“LIST OF TABLES
TABLE 1 BDO MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 24
TABLE 2 BDO BULK PRICES, 2012-2019 ($/TON) 41
TABLE 3 BDO MARKET SIZE, BY TECHNOLOGY, 2012–2019 ($MILLION) 48
TABLE 4 REPPET ECHNOLOGY MARKET SIZE (VOLUME & VALUE), 2012–2019 49
TABLE 5 DAVY PROCESS TECHNOLOGY MARKET SIZE (VOLUME & VALUE), 2012–2019 50
TABLE 6 BUTADIENE PROCESS MARKET SIZE (VOLUME & VALUE), 2012–2019 50
TABLE 7 PROPYLENE OXIDE PROCESS MARKET SIZE (VOLUME & VALUE), 2012–2019 51
TABLE 8 OTHER TECHNOLOGIES MARKET SIZE (VOLUME & VALUE), 2012–2019 51
TABLE 9 BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 53
TABLE 10 BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 54
TABLE 11 BDO MARKET SIZE IN THF (VOLUME & VALUE), 2012–2019 55
TABLE 12 BDO MARKET SIZE IN PTMEG (VOLUME & VALUE), 2012–2019 56
TABLE 13 BDO MARKET SIZE IN SOLVENTS (VOLUME & VALUE), 2012–2019 57
TABLE 14 BDO MARKET SIZE FOR OTHERS (VOLUME & VALUE), 2012–2019 57
TABLE 15 BDO MARKET SIZE IN PBT (VOLUME & VALUE), 2012–2019 58
TABLE 16 BDO MARKET SIZE IN AUTOMOTIVE (VOLUME & VALUE), 2012–2019 59
TABLE 17 BDO MARKET SIZE IN ELECTRICAL & ELECTRONICS (VOLUME & VALUE),
2012–2019 60
TABLE 18 BDO MARKET SIZE IN CONSUMER APPLIANCES (VOLUME & VALUE), 2012–2019 60
TABLE 19 BDO MARKET SIZE IN OTHERS (VOLUME & VALUE), 2012–2019 61
TABLE 20 BDO MARKET SIZE IN GBL (VOLUME & VALUE), 2012–2019 61
TABLE 21 BDO MARKET SIZE IN N-METHYL-2-PYRROLIDONE (VOLUME & VALUE), 2012–2019 62
TABLE 22 BDO MARKET SIZE IN 2-PYRROLIDONE/N-VINYL-2-PYRROLIDONE/POLYVINYLPYRROLIDONE (VOLUME & VALUE), 2012–2019 63
TABLE 23 BDO MARKET SIZE IN OTHERS (VOLUME & VALUE), 2012–2019 63
TABLE 24 BDO MARKET SIZE IN PU (VOLUME & VALUE), 2012–2019 64
TABLE 25 BDO MARKET SIZE IN OTHER APPLICATIONS (VOLUME & VALUE), 2012–2019 66
TABLE 26 BDO MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 69
TABLE 27 BDO MARKET SIZE, BY REGION, 2012–2019 (KILOTONS) 70
TABLE 28 NORTH AMERICA: BDO MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION) 70
TABLE 29 NORTH AMERICA: BDO MARKET SIZE, BY COUNTRY, 2012–2019 (KILOTONS) 70
TABLE 30 NORTH AMERICA: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 71
TABLE 31 NORTH AMERICA: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 71
TABLE 32 U .S.: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 72
TABLE 33 U.S.: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 72
TABLE 34 O THERS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 73
TABLE 35 OTHERS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 74
TABLE 36 EUROPE: BDO MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION) 75
TABLE 37 EUROPE: BDO MARKET SIZE, BY COUNTRY, 2012–2019 (KILOTONS) 76
TABLE 38 EUROPE: BDO MARKET SIZE, BY APPLICATION ($MILLION), 2012–2019 76
TABLE 39 EUROPE: BDO MARKET SIZE, BY APPLICATION (KILOTONS), 2012–2019 77
TABLE 40 GERMANY: BDO MARKET SIZE, BY APPLICATION ($MILLION), 2012–2019 77
TABLE 41 GERMANY: BDO MARKET SIZE, BY APPLICATION (KILOTONS), 2012–2019 78
TABLE 42 FRANCE: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 78
TABLE 43 FRANCE: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 79
TABLE 44 U.K.: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 79
TABLE 45 U.K.: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 80
TABLE 46 NETHERLANDS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 80
TABLE 47 NETHERLANDS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 81
TABLE 48 OTHERS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 81
TABLE 49 OTHERS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 82
TABLE 50 ASIA-PACIFIC: BDO MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION) 83
TABLE 51 ASIA-PACIFIC: BDO MARKET SIZE, BY COUNTRY, 2012–2019 (KILOTONS) 84
TABLE 52 ASIA-PACIFIC: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 84
TABLE 53 ASIA-PACIFIC: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 85
TABLE 54 CHINA: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 86
TABLE 55 CHINA: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 87
TABLE 56 JAPAN: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 87
TABLE 57 JAPAN: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 88
TABLE 58 TAIWAN: BDO MARKET, BY APPLICATION, 2012–2019 ($MILLION) 88
TABLE 59 TAIWAN: BDO MARKET, BY APPLICATION, 2012–2019 (KILOTONS) 89
TABLE 60 MALAYSIA: BDO MARKET, BY APPLICATION, 2012–2019 ($MILLION) 89
TABLE 61 MALAYSIA: BDO MARKET, BY APPLICATION, 2012–2019 (KILOTONS) 90
TABLE 62 SOUTH KOREA: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 91
TABLE 63 SOUTH KOREA: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 91
TABLE 64 OTHERS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 92
TABLE 65 OTHERS: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 92
TABLE 66 ROW: BDO MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 93
TABLE 67 ROW: BDO MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 93
TABLE 68 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES,
2011–2014 99
TABLE 69 EXPANSIONS, 2011–2015 102
TABLE 70 NEW PRODUCT LAUNCHES, AWARDS & DEVELOPMENTS, 2011–2015 104
“
“LIST OF FIGURES
FIGURE 1 RESEARCH DESIGN 17
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TIER, DESIGNATION & REGION 19
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 20
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 21
FIGURE 5 MARKET BREAKDOWN & DATA TRIANGULATION 22
FIGURE 6 THF TO REMAIN THE LARGEST SEGMENT OF BDO MARKET, 2013 VS 2019 23
FIGURE 7 DAVY PROCESS: THE FASTEST-GROWING TECHNOLOGY FOR PRODUCING BDO, 2014-2019 24
FIGURE 8 ASIA-PACIFIC: THE LARGEST MARKET FOR BDO, IN TERMS OF VALUE, 2013 25
FIGURE 9 ATTRACTIVE OPPORTUNITIES IN BDO MARKET 26
FIGURE 10 PU TO GROW AT THE HIGHEST RATE AMONG THE TOP 4 APPLICATIONS OF BDO 27
FIGURE 11 CHINA ACCOUNTED FOR THE LARGEST SHARE OF BDO MARKET, 2013 29
FIGURE 12 MARKET SIZE (VALUE) FOR MATURE VS. EMERGING MARKETS 30
FIGURE 13 MORE THAN 78% OF THE TOTAL MARKET GROWTH IS EXPECTED FROM KEY APPLICATIONS FROM 2014 & 2019 31
FIGURE 14 PU APPLICATION SEGMENT PROVIDES NEW REVENUE POCKETS FOR
MARKET PLAYERS 32
FIGURE 15 ASIA-PACIFIC MARKET IS EXPECTED TO GROW HIGHLY IN THE COMING YEARS 33
FIGURE 16 MARKET DYNAMICS 35
FIGURE 17 BDO: VALUE CHAIN 40
FIGURE 18 PORTER’S FIVE FORCES ANALYSIS OF THE BDO MARKET 44
FIGURE 19 TOP 7 MARKET PLAYERS COLLECTIVELY ACCOUNTED FOR MORE THAN 68% OF THE MARKET SHARE IN 2013 46
FIGURE 20 REPPE PROCESS IS THE MOST-WIDELY USED TECHNOLOGY FOR PRODUCING BDO 48
FIGURE 21 PU IS THE FASTEST-GROWING APPLICATION OF BDO, 2014-2019 53
FIGURE 22 ASIA-PACIFIC IS THE LARGEST MARKET FOR THF APPLICATION SEGMENT, 2014 55
FIGURE 23 U.S. IS THE LARGEST MARKET FOR THF SEGMENT FOLLOWED BY CHINA, 2013 56
FIGURE 24 ASIA-PACIFIC: THE LARGEST & SECOND FASTEST-GROWING MARKET FOR PBT, 2014-2019 58
FIGURE 25 U.S. IS THE MARKET LEADER FOR PBT APPLICATION, FOLLOWED BY CHINA & TAIWAN, 2013 59
FIGURE 26 ROW: THE FASTEST-GROWING MARKET FOLLOWED BY ASIA-PACIFIC, 2014-2019 61
FIGURE 27 U.S. IS THE LARGEST MARKET FOR GBL SEGMENT, 2014 62
FIGURE 28 ASIA-PACIFIC: THE LARGEST MARKET FOR PU APPLICATION SEGMENT, 2014 64
FIGURE 29 CHINA IS THE MARKET LEADER FOR PU APPLICATION, FOLLOWED BY TAIWAN & JAPAN 65
FIGURE 30 ASIA-PACIFIC: THE LARGEST MARKET, 2014 66
FIGURE 31 REGIONAL SNAPSHOT (2013): CHINA & INDIA ARE EMERGING AS NEW STRATEGIC LOCATIONS 68
FIGURE 32 CHINA & SOUTH KOREA: ATTRACTIVE DESTINATIONS FOR BDO 69
FIGURE 33 GERMANY IS THE LARGEST MARKET FOR THE TOP 3 BDOS IN EUROPE (2013) 75
FIGURE 34 ASIA-PACIFIC BDO MARKET SNAPSHOT – CHINA, SOUTH KOREA & TAIWAN ARE THE MOST LUCRATIVE MARKETS 83
FIGURE 35 CHINA TO REMAIN THE LARGEST BDO MARKET 86
FIGURE 36 SECOND FASTEST-GROWING MARKET GLOBALLY, 2014-2019 90
FIGURE 37 COMPANIES ADOPTED AGREEMENTS & COLLABORATIONS AND EXPANSION AS THE KEY GROWTH STRATEGY OVER THE LAST FOUR YEARS 95
FIGURE 38 BASF IS THE LARGEST MARKET PLAYER IN TERMS OF R&D EXPENDITURE,
2011–2013 96
FIGURE 39 KEY GROWTH STRATEGIES IN THE BDO MARKET, 2011–2014 96
FIGURE 40 MARKET EVOLUTION FRAMEWORK—SIGNIFICANT AGREEMENTS & COLLABORATIONS,N EW PRODUCT LAUNCHES & DEVELOPMENT ACTIVITIES HAVE FUELLED GROWTH IN 2013 AND 2014 97
FIGURE 41 BIOAMBER, BASF AND GENOMATICA: THE MOST ACTIVE MARKET PLAYERS 98
FIGURE 42 REGIONAL REVENUE MIX OF TOP 5 MARKET PLAYERS 105
FIGURE 43 COMPETITIVE BENCHMARKING OF THE MARKET PLAYERS (2010–2013): BASF SE IS THE CHAMPION, OWING TO ITS MARKET SHARE AND R&D EXPENDITURES 106
FIGURE 44 SK GLOBAL CHEMICAL CO. LTD.: BUSINESS OVERVIEW 107
FIGURE 45 SK GLOBAL CHEMICAL CO. LTD.: SWOT ANALYSIS 108
FIGURE 46 BASF SE: BUSINESS OVERVIEW 109
FIGURE 47 BASF SE: SWOT ANALYSIS 111
FIGURE 48 MITSUI & CO. LTD.: BUSINESS OVERVIEW 112
FIGURE 49 MITSUI & CO. LTD.: SWOT ANALYSIS 113
FIGURE 50 MITSUBISHI CHEMICAL CORPORATION: BUSINESS OVERVIEW 114
FIGURE 51 MITSUBISHI CHEMICAL CORPORATION: SWOT ANALYSIS 115
FIGURE 52 NAN YA PLASTICS CORPORATION: BUSINESS OVERVIEW 116
FIGURE 53 NAN YA PLASTICS CORPORATION: SWOT ANALYSIS 117
FIGURE 54 ASHLAND INC.: BUSINESS OVERVIEW 118
FIGURE 55 BIOAMBER INC.: BUSINESS OVERVIEW 120
FIGURE 56 CHEMTURA CORPORATION: BUSINESS OVERVIEW 123
FIGURE 57 CHONGQING JIAN FENG CHEMICAL INDUSTRY CO. LTD: BUSINESS OVERVIEW 125
FIGURE 58 DAIREN CHEMICAL CORPORATION: BUSINESS OVERVIEW 127
FIGURE 59 GENOMATICA INC.: BUSINESS OVERVIEW 129
FIGURE 60 INVISTA: BUSINESS OVERVIEW 132
FIGURE 61 SAUDI INTERNATIONAL PETROCHEMICAL COMPANY (SIPCHEM): BUSINESS OVERVIEW 133
FIGURE 62 SHANXI SANWEI GROUP CO. LTD 135
“
