FINE CHEMISTRY INNOVATION AND PRODUCTION. This paper makes a description of the fine chemistry industrial sector together with historical data on fine chemicals R&D and production in Brazil, from the 70's to the present. Circumstances and factors for production growth in the 80's followed by sectorial shrinking in the 90's are critically examined as well as the current circumstances. An account is given on the fine chemistry industry in the world, considering the globalization, contract, technical trade barriers, competitivity and biotechnology issues. Key current questions in the Brazilian perspective are presented: technical capacity, regional and public policies as well as the verticalization of the industry.
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