Economies of Combination Innovation from Group Operation in Petrochemical Complex
DOI:
https://doi.org/10.24212/2179-3565.2011v2i3p68-74Palabras clave:
Petrochemical complex, Oil and petrochemical industry, Group operation, Pursuit of social interests, Economies of combination, Management of sustainabilityResumen
The circumstances in the oil and petrochemical industry recently have been severe. Under such a severe competitive situation, oil and petrochemical companies come up with the idea of business cooperation in the same region in order to acquire global competitiveness. In this paper, the approach and ways of the high-level integration for group operation in petrochemical complex are analyzed. The author explains the case in business cooperation, and introduces the advanced projects in Japan. And economies arising from group operation are considered. Cooperation with some businesses would be effective for energy conservation and environmental measures, and would advance to pursue some social interests. The paper proposes that economies in group operation have made possible simultaneous implementation o f two strategies, Cost Leadership and Product Differentiation.Descargas
Número
Sección
Papers
Licencia
This Journal is licensed under a Creative Commons Attribution-Non Commercial-No Derivers 4.0 International license.
1.The author (s) authorize the publication of the article in the journal;
2.The author (s) warrant that the contribution is original and unpublished and is not in the process of being evaluated in other journal (s);
3. The journal is not responsible for the opinions, ideas and concepts emitted in the texts, as they are the sole responsibility of its author (s);
4. The editors are entitled to make textual adjustments and to adapt the articles to the standards of publication.