Scottish Chemicals Look East
Scottish Chemicals Look East
Additional Research identified opportunities for the Scottish Chemicals industry in Japan and India.
Working with Chemical Sciences Scotland (CSS), Scottish Development International (SDI) and Scottish Enterprise (SE), Additional Research conducted international market research to identify opportunities for the Scottish Chemicals industry with Japan and India.
The Scottish Chemicals Sciences sector makes a significant contribution to the Scottish economy accounting for some 15% of the UK industry with 200 companies providing over £6 billion annual revenue to the Scottish economy and in excess of 14,000 direct jobs. The sector is the 2nd highest contributor both for GVA, at £160k per employee, and exports of £3.5 billion.
The CSS sector strategy ‘A Platform for Growth’ for 2012- 15 has a vision “to sustain a vibrant and competitive Scottish chemicals industry which will contribute to the growth of the Scottish economy consistently over the next 20 years. Within this, we have an ambition to increase manufactured exports from the sector to £4.5 billion by 50% by 2020.”
These ambitious goals set the strategic context for this commission, with the objectives expected to be achieved partly by the development of co-location facilities to attract overseas co-locators/ investors and partly by working closely with chemical companies in SE account management in areas such as innovation, exporting, and access to finance.
Our work aims to help our clients achieve the target of increasing exports by 50% by 2020, as well as identifying targets and opportunities for inward investment.
Please contact us for further information on our support for international trade and investment, including market research and investment appraisal and advisory support.
amcpherson@additionalresearch.co.uk