You are currently reading an innovation! The 1st Compass to Europe’s Innovative Chemical Companies is being published in time for the ACHEMA world forum and 31st international leading trade fair for the process industries from 15 to 19 June in Frankfurt am Main and for the 30th Chemspec Europe from 24 to 25 June in Cologne.
For the first time, this compendium provides an overview of Europe’s young, innovative chemical companies. The book is based on the website www.chemistry-compass.eu. More than 130 innovative small and medium-sized chemical com- panies from across Europe and from Israel are listed on the site – and the number looks set to rise. Now here is the book!
In times of rapidly increasing market dynamics and of increasing competition from new players in these markets innovation is key. In order to secure profitable and sustainable growth it is a crucial measure to acquire or start-up new businesses beyond and adjacent to existing businesses. However, to startup a new business in larger companies within the frame of corporate routines and protocols can be very challenging. It is protracted and tortuous work to break down megatrends into meaningful business cases, analyse value chains, identify internal competences and gaps, find partners and potential customers, form sound business models, implement realistic business plans, organize resources, align with all stake holders and finally get board approval for the budget and resources needed. Welcome to the world of intrapreneurship!
It’s time to celebrate value creation in Chemistry and to take a new look at science and industry. 97% of the products surrounding us contain at least one chemical process step. Today the value chains in Chemistry and its user industries continue to be prede ned and in uenced by the classical principles, methods and techniques of chemistry. But that’s not all! There can be no doubt that classic chemistry continues to enrich itself and to be enriched.