
The global market for chemical industry has changed markedly during the
past decades, and the repercussions have affected Finland in particular.
The domestic market, which previously was partially closed, has now become
completely open. In fact the definition of home market currently stands
for the entire Europe rather than just Finland. Companies have responded
to this competitive challenge by focusing on their core competencies and
by aiming for a main player position in their respective areas.
Traditionally the technical efficiency of production has been high in the
Finnish industry. Also, financial efficiency (use of capital) has been
improving. On the other hand the labour costs and development of
production, which illustrate the competitiveness of the entire labour
market, have fallen behind in comparison to other countries. The
development of productivity in the chemical industry is also slightly
behind of the average in other national industries.
The chemical
industry has succeeded in maintaining the employment of the field. In the
past few years structural changes have been visible as a small decrease in
the total amount of personnel only. Developing competitiveness is a
challenge not only for companies but their employees as well. To a great
degree this is a question of maintaining and developing competencies.