The strategic layout of global chemical giants in the field of new materials

Huntsman is a major global manufacturer of fine chemicals and a major global manufacturer of polyurethane products, including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health care, textiles, detergents, personal care, furniture, appliances and packaging. In the future, Huntsman's development focus will continue to focus on polyurethane, functional products and new materials, including epoxy resin, acrylic acid and resin, polyurethane based polymer products.

Mitsubishi Chemical Corporation is a global integrated company formed from Mitsubishi Chemical Corporation and Mitsubishi Petrochemicals, which mainly designs functional materials and plastic products (including information and electronic products, specialty chemicals, pharmaceuticals). Petrochemicals such as carbon and agricultural products. For the future, Mitsubishi Chemical will focus on the development of core business areas, which are mainly functional material products, such as general purpose resins, engineering plastic resins, elastomers, carbon fiber reinforced plastics, high-function chemicals, hardening resins, anti-catalysts, additives, modifiers, coating materials and other areas.

Pingtou brother believes that the development focus of the global chemical industry will be more focused on diversified product operations and mergers and acquisitions, and the global chemical giants will achieve diversified mixed mergers and acquisitions in the future, mainly around their strategic development direction, which will also drive the rapid development of the strategic direction of chemical giants, and the rapid formation of industrial concentration. Therefore, for Chinese chemical enterprises, relying on the development direction of global chemical new materials and the strategic development trend of chemical giants, they can also realize the rapid gathering of the industry and the development of globalization strategy in the short term.