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The article discusses the significance as well as the benefits of producing fine chemicals--single, pure chemical substances that can be fully characterized and specified--in Asia. It is said that there are several contradictory factors influencing the overall balance regarding where best to produce fine chemicals. Several fine chemicals units were sold and/or shifted to Asia in the past few years.

Reports the status of the chemical industry in Asia. Decrease of chemical production and economic indicators in Japan; Reduction of plastic products in the manufacturing sector; Growth of chemical production in China.

The article focuses on the role of developing regions in driving demand in the global adhesives and sealants market, according to John Lowry, a director at Chemark Consulting Group. According to the author, the global market is growing between 3.5 to 5.5 percent per year, with Asia as the fastest growing region. It is noted that demand in China is increasing about 10 percent a year.

This article reveals the plans of Shell Chemicals to continue its growth in the global petrochemicals market. Future expansions in emerging markets will most likely be through joint ventures. By 2010, Shell aims to have over a third of production in Asia-Pacific and the Middle East, enabling them to serve these rapidly expanding markets from close range. In January 2006, ethylene production began at the Nanhai joint venture petrochemicals complex in Guangdong Province, southern China.

Reports on the plan of Arkema to expand its regional chemical production base in China as part of its strategy to increase sales in Asia. Capacity of the company's chemical plants in the region; Intention of the company to expand its chlor-alkali and ethylene dichloride capacity in Qatar; Financial performance of the company in 2004.

Examines the tough conditions affecting the productivity of Asia-based petrochemical industry. Factors affecting the industry's restructuring programs; Effect of the construction of large ethylene crackers on countries with limited ethylene capacity; Difficulties related to producers' base of operations; Advantages brought about by the adverse conditions related to the emergence of stronger companies.