Home
Russian (CIS)Ukrainian (UA)English (United Kingdom)
Main Information
Archive of Issues
Ganna Z. Shevtsova
Doctor of economics
Institute of Industrial Economics of NAS of Ukraine
03057, Ukraine, Kyiv, 2 Gelabov Str.
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it ;

Natalya V. Shvets
PhD in Economics.
Volodymyr Dahl East Ukrainian National University
93400, Ukraine, Severodonetsk, 59? Central pr.
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Research of the current factors influencing the development of chemical manufacturing within the neo-industrial context
Section: Problems of development strategy and financial-economic regulation of industry
Ekon. promisl. 2017, 79(3): 39-56
DOI: https://doi.org/10.15407/econindustry2017.03.039
Language: Ukrainian

Abstract:
The article investigates the problems associated with the adoption of a neo-industrial model of development within the Ukrainian chemical industry, and considers the determining factors. The relevance of this research lies in the declining competitive potential of the national chemical industry. At the same time, the contemporary chemical manufacture has a systematic influence on the processes of neo-industrial modernisation by means of producing cutting-edge materials and components for new "smart" industries. Because of this, the perspective of modernising the Ukrainian chemical industry is associated with the application of advantages of neo-industrialisation and its inclusion in global value chains. The choice of the ways, in which the neo-industrial concept is applied, depends on a number of current factors influencing the development of chemical manufacture. The main objective of this paper is to investigate those factors and to identify the paths for neo-industrial transformations within the industry. It is shown that among the determining factors, a distinction has to be made between those that are systematic (addressing the contents and character of neo-industrial transformations) and those that are situational (establishing the current conditions and local specifics). A statistical analysis of the factors, influencing the development of the Global Top 50 Chemical Companies, has been carried out. Differences in companies' indicators have been shown in relation to the focus of their activity. On the basis of a correlation and regression analysis, a close link has been found between the operating profits of large chemical businesses and their chemical assets, capital spending and R&D spendings.The specifics of the existing institutional structure of the Ukrainian chemical industry have been studied alongside the developments in its innovation processes to date. It has been concluded, that the large Ukrainian companies cannot become a driving force for neo-industrial change within the industry. It has been established, that the future of the national model for neo-industrialisation within the chemical industry should be for small and medium-sized innovative enterprises, and the development of light-weight production within the final stages of value chains.

Keywords:chemical manufacturing; industry; modernization; innovative development; neoindustrialization; company

|
Full text (PDF)

References

1. Index of Industrial Production, by types of activity in 2013-2016 years (2017). State Statistics Service of Ukraine. Retrieved from http://www.ukrstat.gov.ua [in Ukrainian].2. Amosha, O.I., Vyshnevskyi, V.P., & Zbarazska L.O. (2012). Neoindustrialization and the new industrial policy of Ukraine. Econ. promisl., 1-2 (57-58), pp. 3-32 [in Russian].
3. Vyshnevskyi V.P. (2016). Global neoindustrialization and its lessons for Ukraine. Economy of Ukraine, 8, pp. 26-43 [in Ukrainian].
4. Vyshnevskyi, V.P., Zbarazska, L.O., Zanizdra, M.Yu., Chekina, V.D., Polovian, O.V., Shchetilova, T.V., Vietkin, A.S., Yerfort I. Yu. and etc. (2016). National model of neoindustrial development of Ukraine. In V.P. Vyshnevskiy (Ed.). Kyiv: Institute of Industrial Economics of NAS of Ukraine [in Ukrainian].
5. Vishnevsky, V.P., Amosha, A.I., Zbarazskaja, L.A., Ohten', A.A., Cherevatskij, D.Ju. (2013). Industrial policy and management of industrial development in the context of system imbalances: the conceptual framework. In V.P. Vishnevsky and L.A. Zbarazskja (Eds.). Doneck: Institute of Industrial Economics of NAS of Ukraine [in Ukrainian].
6. Alymov, O.M., Amosha, O.I., Alforova, I.Ye., Andrushkiv, B.M., Antoniuk, V.P., Berezhna, A.Yu., Bila, S.O., Bohatchyk L.A. and etc. (2014). The first stage of modernization of the Ukrainian economy: experience and problems. In V.I. Lyashenko (Ed.). Zaporizhzhia: IEP NAN Ukrainy, KPU [in Ukrainian].
7. Lyashenko, V., & Kotov, Ye. (2015). Ukraine XXI: neoindustrialna state or "crash of the project"? Kyiv: Institute of Industrial Economics of NAS of Ukraine [in Ukrainian].
8. Lyashenko, V., & Kotov, Ye. (2015). Methodical approaches to the estimation of processes of modernization of Ukraines industrially developed territories. Economy of Ukraine, 10, pp. 32-44 [in Russian].
9. Zbarazska, L. (2016). Neoindustrialization in Ukraine: concept of national model. Econ. promisl., 3(75), pp. 5-32 [in Ukrainian]. doi: 10.15407/econindustry2016.03.005.
10. Shevtsova, G.Z. (2016). Transformation of conceptual approaches to managing the development of chemical industry within the neo-industrialization context. Economics and Law, 2, pp. 146-156 [in Ukrainian].
11. Nikiforova, V.A. (2016) Neoindustrial development of steel industry of Ukraine: prerequisites, problems, directions. Econ.promisl., 3(75), pp. 33-64 [in Ukrainian]. doi: 10.15407/econindustry2016.03.033
12. Dasiv, A.F., & Russijan, E.A. (2016). The Special Aspects of Functioning and Possibilities of Industry Industrialization in Ukraine. Visnyk ekonomichnoi nauky Ukrainy, 2 (31), pp. 57-65 [in Russian].
13. Heyets, V.M. (2014). Institutional conditionality of innovative processes in the industrial development of Ukraine.Economy of Ukraine, 12, pp. 4-19 [in Ukrainian].
14. Heyets, V.M. (2015). Barriers on a way of development of the industry on the innovative basis and possibilities to overcome them. Economy of Ukraine, 1, pp. 4-25 [in Ukrainian].
15. Kindzerskyi, Yu.V. (2016). Anticrisis industrial policy: version of domestic concept. Visnyk Natsionalnoi akademii nauk Ukrainy, 10, 27-42 [in Ukrainian]. doi: 10.15407/visn2016.10.027
16. Salikhova, O.B. (2015). Renaissance of states intervention into the industrial development: last world tendencies and lessons for Ukraine. Economy of Ukraine, 9, 19-38 [in Ukrainian].
17. Deineko, L.V., Shovkun, I.A., Sheludko, E.I., Hakhovych, N.D., Kushnirenko O.M., Zavhorodnia M.Yu., Romaniuk I.M., & Zarudna O.S. (2016). Neoindustrial transformation of industrial potential of Ukraine. In L.V. Deineko (Ed.). Kyiv: Natsionalna akademiia nauk Ukrainy, DU Instytut ekonomiky ta prohnozuvannia NAN Ukrainy. Retrieved fromhttp://ief.org.ua/docs/mg/277.pdf [in Ukrainian].
18. Heits, V.M., Danylenko, A.I., Libanova, E.M., Hrytsenko, A A., Makarova, O.V., Kyzyma, M.O., Yehorov, I.Yu., Odotiuk, I.V. (Eds.) (2015). Innovative Ukraine 2020: National Report. Kyiv: The NAS of Ukraine [in Ukrainian].
19. Bilorus, O.G. (2012). Problems of global modernization and imperatives of transitive countries new industrialization. Ekonomichnyi chasopys XXI, 9-10. pp. 3-6. [in Ukrainian].
20. Zadoya A.A. (2012), "New Industrialization" in the context of Ukraines strategic goals. Byuleten Mizhnarodnogo Nobelivskogo ekonomichnogo forumu, 1 (5), Vol. 1, pp. 146-154 [in Ukrainian].
21. Ivanov, S.V., Perebyinis, V.I., Kotov, Ye.V., & Fedirets, O.V. (2015). Development of the national economy on the basis of neo-industrial modernization. Upravlinnia ekonomikoiu: teoriia ta praktyka Kyiv: Institute of Industrial Economics of NAS of Ukraine, 31-41 [in Ukrainian].
22. Vorobev, E.M., & Demchenko, T.Y. (2013). Neoindustrialization as a form of economic modernization. Visnyk Kharkivskoho natsionalnoho universytetu imeni V.N. Karazina. Seriia Mizhnarodni vidnosyny. Ekonomika. Krainoznavstvo. Turyzm, 1042, pp. 76-80 [in Russian].
23. Prushkovskaia, E.V. (2013). Neoindustrialization as renewal process in secondary sector in periods of economic uncertainty. Teoretychni ta prykladni pytannia ekonomiky: zb. nauk. prats, Iss. 28, Vol. 1., pp. 191-197 [in Ukrainian].
24. Bondarets, M. V. (2015). Evolution of the concepts of neo-industrialization of transitive countries. Hlobalni ta natsionalni problemy ekonomiky. Retrieved from http://global-national.in.ua/archive/4-2015/10.pdf [in Ukrainian].
25. Malik, M.A. (2015). Neoindustrialization of the national economy in the context of the word integration processes (Unpublished candidatethesis). Donbass State Engineering Academy of Ministry of Education and Science of Ukraine, Kramatorsk, Ukraine [in Ukrainian].
26. Gahovich, N.G., & Zavgorodnia M.Y. (2016). Features neoindustrial modernization of mechanical engineering of Ukraine in modern conditions. Ekonomichnyi visnyk universytetu: zb. nauk. prats uchenykh ta aspirantiv, Pereiaslav-Khmelnytskyi: DVNZ Pereiaslav-Khmelnytskyi derzhavnyi pedahohichnyi universytet imeni Hryhoriia Skovorody [in Ukrainian].
27. Chukurna, O.P. (2014). Directions of development of machine-building industry are in context of neoindustrialization. Economic bulletin of NTUU KPI, 11, pp. 177-184 [in Ukrainian].
28. SusChem Strategic Innovation and Research Agenda. (2015). SusChem. Retrieved from http://www.suschem.org/cust/documentrequest.aspx?DocID=928 [in English].
29. LRI Research Strategy 2015-2019, (2014). American Chemistry Council. Retrieved from http://lri.americanchemistry.com/LRI-Research-Program/Research-Strategies/LRI-Research-Strategy-2015-2019.pdf [in English].
30. Wehberg, G. (2015). Chemicals 4.0. Industry digitization from a businessstrategic angle. Deloitte. Retrieved from https://www2.deloitte.com/content/dam/Deloitte/de/Documents/consumer-industrialproducts/Deloitte_Chemicals_4.0%20G.Wehberg.pdf [in English].
31. Thienen, S., Clinton, A., Mahto, M., & Shiderman, B. (2016). Industry 4.0 and the chemicals industry. Catalyzing transformation through operations improvement and business growth. Deloitte University Press, 20 p. [in English].
32. Westerman, A., & Fitzner V. (2016). Using innovation to drive sustainable growth in the chemical industry. PwC., 28 ?. [in English].
33. Leeuw V. (2017, March). Industrie 4.0 in the Chemical Industry. Covestros View. ARC Insights. Retrieved from https://industrial-iot.com/2017/03/industrie-4-0-chemical-industry [in English].
34. Global chemical production change by region 2010-2016. Statista. (2017). The Statiatics Portal. Retrieved from https://www.statista.com/statistics/272157/chemical-production-forecast-worldwide [in English].
35. BASF Report 2016. (2017). BASF.Retrieved from https://report.basf.com/2016/en [in English].
36. Global Top 50 Chemical Companies of 2015. (2016). Chemical & Engineering News. Retrieved from http://cen.acs.org/global-top-50.html [in English].
37. Activity of large, middle-size, small and micro-enterepreneurship entities, 2015: statista. (2016). State Statistics Service of Ukraine. In M. S. Kuznietsovoi (Ed.). Kyiv: TOV Vydavnytstvo Konsultant [in Ukrainian].
38. Shevtsova, A.Z., & Braslavska O.V. (2016). Research preconditions of Ukrainian chemical industry modernization based on the assessment competitiveness of its potential. Economic Processes Management: International Scientific E-Journal, 1. Retrieved from http://epm.fem.sumdu.edu.ua/download/2016_1/2016_1_12.pdf [in English].

Last Updated (Monday, 13 November 2017 14:42)

 
 Creative Commons