Abstract
This issue of Chemical & Engineering News features stories on future of two major players in global chemical industry. Our cover story, by C&EN's Pacific Rim correspondent Jean-Francois Tremblay, examines past and future of beleaguered Japanese chemical industry (see page 18). This is a story that is pessimistic and cautionary. The News Focus, by ACS News Editor William Schulz, discusses Technology Vision 2020: Report of U.S. Chemical Industry, long-awaited and ambitious road map outlining industry's current state, a vision for next 25 years, and technical advances needed to transform vision into reality (see page 12). This is a story that is optimistic and cautionary. Not so long ago, Japan Inc. was held up as a model for industrialized world. Now, question is, Japan Inc.—Red or Black? For decades, Japan's the customer is always right cultural tradition served it well. ...
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