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| Diversity in Chemical Manufacturing | |
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| Tweet Topic Started: Feb 27 2014, 02:36 AM (69 Views) | |
| kering | Feb 27 2014, 02:36 AM Post #1 |
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chemical manufacturing companies are considered as an integral part of major national economies. Chemical importers and exporters bring a substantial amount of revenue to national exchequer of many Afro Asian countries. In many world countries, chemical manufacturing is a relatively old industry compared with other industry segments. Chemical manufacturing is one of the fastest growing industries in American and European continents. Chemical industry produces many chemical substances, compounds, solvents as well as cleaning solutions. It is a well known fact that chemical industry supplies many raw materials to different industries of the country. Contribution of chemical industry to the industrial and economic growth of a country can not be underestimated. Different chemical products are used in fertilizers, alkalis, detergents, and water treatment solutions. Industries of pharmaceuticals, plastic manufacturing, petro chemicals and pesticides use chemical substances extensively. Export of chemical substances increased largely due to demand from international market. Many companies outsource their organic and non organic chemical requirements to external agencies. Most business organizations require chemicals and polymer substances in very large quantities. Chemical manufacturing companies focus on fulfilling increasing demand of chemical products. Major chemical importers in the world are China, Singapore, United Kingdom and United Arab Emirates. Chemical manufacturing companies in Asian countries are well famous all over the globe. Quality of chemical compounds made in Asian countries is at par with international standards. Second major factor behind the popularity of Asian made chemical products are its low cost. Chemical industry provides ample employment opportunities to millions all over the world. |
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8:29 AM Jul 11