Previous
Rohm & Haas rated most vigorous chemical company in Asia.
Added: (Fri Sep 28 2007)
Rohm and Haas rated most vigorous chemical company in Asia.
Rohm & Haas is the most vigorous chemical company in Asia-Pacific, according to the latest Chemical Business Vitality Index™ report from Fusion Consulting, surpassing its chemical and energy sector peers with a winning combination of regional presence, revenue performance and innovation.
BASF ranks equal first with Akzo Nobel in terms of innovation; over 50% of BASF's Asia-Pacific sales are locally produced, thanks to increased production in the region.
Leading innovators in Asia's chemical sector
Company Category Overall Innovation
Score Score
BASF Fine/specialty Chemicals 236 77
Akzo Nobel Fine/specialty Chemicals 210 77
ICI Fine/specialty Chemicals 244 75
Asahi Kasei [A] Fine/specialty Chemicals 249 72
Rohm & Hass Fine/specialty Chemicals 314 69
Dupont Agro/bio-chemicals 228 64
LG Chem [A] Fine/specialty Chemicals 207 64
Air Products Gases 286 56
Dow Chemical Fine/specialty Chemicals 272 56
Degussa Fine/specialty Chemicals 184 56
CNOOC [A] Petrochemicals 259 51
Bayer Agro/bio-chemicals 181 51
Ciba Specialty Chemicals Fine/specialty Chemicals 232 43
Eastman Fine/specialty Chemicals 197 43
Clariant Agro/bio-chemicals 182 43
[A] Asian company
In the relatively niche gases sector, Air Products has benefited from demand for gases used in semiconductor and LCD production to become the number one player in the electronics manufacturing powerhouses of Taiwan and Korea.
Third in the ranking comes specialty chemical company Huntsman, with the best top-line financial performance in terms of Asia-Pacific share of global sales and revenue growth in the region. New manufacturing facilities in Singapore and China, as well as the acquisition of Ciba's Textile Effects business, have contributed to Huntsman's strategy of selecting differentiated business opportunities.
About Fusion Consulting
Fusion Consulting is a business intelligence consultancy providing clear strategic advice on Asia-Pacific markets. With offices in Singapore, Shanghai and Hong Kong and a network of 400 industry-specialist consultants in 16 countries, the company conducts custom research and consulting to help companies understand their markets, compete more effectively and grow into new areas of opportunity.
About Fusion Consulting's Asia-Pacific Business Vitality Index™
The Asia-Pacific Business Vitality Index™ reports measure major companies’ growth and expansion within the Asia-Pacific region for selected industry sectors. The Index aims to provide an indication of companies’ presence in Asia as well as their relative performance within the industry. A copy of the full report can be made available to industry participants. Please email your request to marketing@fusionc.com.