The industry has suffered from fragmentation for a long time. The new company will have pricing power over customers and raw material suppliers.
More Quotes from Yasuhiro Yamaguchi:
That will put pressure on other producers for some kind of (merger) action.Yasuhiro Yamaguchi
It's positive for the industry as a whole that we will have consolidation and more discipline on production. On a global basis this is going to be a very strong price setter.
Yasuhiro Yamaguchi
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