Globalization. Following the key end-users (especially in automobiles,electronics, medicals, and packaging) as they set up manufacturingworldwide, to be able to deliver exactly the same formulation, anywhere.This has been a feature of many recent mergers and partnerships, and alsoof new investment (such as in carbon black, by Columbian).• Redefinition of core business and identification of key sectors, toconcentrate on new technology and product development. Great Lakes hasidentified flame retardants as a core sector and is now looking to improveits position in stabilizers; DuPont, Millennium, and KerrMcgee havedecided to stay in titanium dioxide, purchasing the assets of ICI and Bayer;and Elf Atochem has identified hydrogen peroxides as a core business.A global position in phosphates (partly as a source for flame retardants)
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