Strategies for European Specialty Players.

Chemical Market Reporter, August, 1998 by Milmo, Sean

The highly fragmented nature of specially chemical markets creates new strategies and challenge/or the European giants.

Over the last few years a number of large focused specialty chemical companies have emerged in Europe to become powerful forces. Companies, such as Imperial Chemical Industries, Rhodia, Ciba Specialty Chemicals and Clariant, have been created as a result of decisions by parent companies to concentrate on pharmaceuticals or the life sciences or to fundamentally shift business activity from bulk chemicals to specialty chemicals. However, the challenge ahead is to achieve profitability in what remains a highly fragmented market,

The four top global specialty companies are European-based and include ICI, Rhodia, Ciba Specialty Chemicals...

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