Japan builds resilience. (effect of the Mitsui Toatsu Chemicals Inc. merger with Mitsui Sekka on the Japanese petrochemicals industry) (includes related articles) (Cover Story)(Cover Story) From: Chemical Week | Date: January 22, 1997| Author: | COPYRIGHT 1997 Chemical Week Associates. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright information

The merger of chemical industry giant Mitsui Toatsu Chemicals Inc. with specialized petroleum chemicals company Mitsui Sekka may provide the methodology for reversing the bleak future predicted for Japan's petroleum chemicals industry. Japan's chemical industries have been building international presences and substantial returns whereas the country's petrochemical companies must develop international markets to survive but lack the capital for further growth.

The big news in the $255-billion/year Japanese chemical industry in the past 12 months has undoubtedly been the wedding vows taken by ...

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