The Weekly News Update is a weekly roundup of business news from around the Asia-Pacific region, covering Fusion Consulting's core industry practices: chemicals, consumer & retail, financial services, industrial & logistics, information & communication technology, life science and media & leisure. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com.    Major chemical company expansion in Asia-Pacific   Rohm & Haas has been named the most vigorous chemical company in  Asia-Pacific in the latest Asia-Pacific Chemical Business Vitality Index report,  out-competing its chemical and energy sector peers with a winning combination of  regional presence, revenue performance and innovation. Request your free copy  here.

Chemical

China - Chemical fiber industry to grow at slower pace in 2008 Source: Asia Pulse, 14 April 2008 The output of China's chemical fiber industry will grow 13% to 27 million tons in 2008, due to the slow global economic growth, the rising international oil price and China's enhancing macroeconomic control. According to the Council of China Chemical Fibers Association (CCFA), the industry's economic benefit will hit RMB13-15 billion (US$2.1 billion) in the year, with year-on-year growth equaling with 2007 or dropping slightly. China's chemical fiber industry has a tight relation with global economy, which, the UN predicts, will see its growth fall to 3.4% in 2008. As major markets of China's chemical fiber export, the United States, Japan and EU will have their economic growth lower than a year-ago. Therefore, China's chemical fiber export and market demand will be affected. India - Vibrant days await state's paint industry Source: Daily News & Analysis, 17 April 2008 Bright days are predicted for the state's Rs10 billion (US$250 million) paint industry, which is expected to grow at the rate of 16% to 18% for the next ten years. This leap will push the industry's revenue fourfold, which will then stand at Rs40 billion (US$1 billion). The boost for the industry is expected to be a gift from the booming real estate sector, which has already registered a fast growth track. Therefore, paint units in the state are getting their balance sheets ready to fill in with vibrant hues for the next decade. Product-wise, paints can be divided into two categories - decorative and industrial paints. While the former caters to the housing sector, the automotive segment is a major consumer of the latter. Industrial paint segment accounts for 30% of the paint market, while the decorative paint segment accounts for 70% of paints sold within the country. China - China dye industry tops the world Source: NewsTrak Daily, 18 April 2008 China has become the largest dye manufacturing, exporting and consuming country in the world. In 2007, China dye and organic dye production increased 8.1% over the last corresponding period to 953,200 tonnes in total. China dye exported volume soared 10.1% on year to 351,400 tonnes in total. The 8th China International Dye Industry, Pigments and Textile Chemicals Exhibition held in Shanghai from April 15 to 17 witnessed this growth. This time, the exhibition has an exhibiting area of 20,000 square meters. Approximately 400 local and foreign well-known companies from 14 countries and regions were there to learn the latest development in the industry. View an example of our experience in this industry. Back to list of articles. Visit our website to sign up for free intelligence on Asian markets.

This Weekly News Update is a free newsletter, providing a round-up of the week's Asia-Pacific news from our core industry practices. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com.

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