The Chemical industry has been engaged in a wide range of business activities, from research and development, manufacturing and sales of basic materials and processed products for all industries, to recycling. This industry has responded to the progress of globalization and the progress and development of a wide range of mid- and downstream industries by supplying products and services through mass production. However, as technological innovation and market demands become more diverse, and as speed and social challenges increase, it is required to pursue and increase added value (both socially and economically) by going steps further from traditional "manufacturing" to promoting "value creation." As international competitiveness declines in Japan, it is becoming more important to transform companies and industries into those that can provide value.
In the keynote speech, from the perspectives of academia, industrial structure, and government policies, then We would like to introduce examples from innovative companies (which have undergone business transformation and innovation).