Humanities & Social Sciences, Vol 8, No 5 (2015)

THE STRATEGIES OF MINERAL AND CHEMICAL COMPANIES IN TERMS OF THE MODERN GLOBAL MARKET

Igor Sergeev

Abstract


The development of economy in terms of globalization, intensification of competition on the world mineral commodity market, reduction in quality of resource base, growth of innovative industries and technologies provide changes in corporate strategies of the global mineral and chemical companies based on the new strategic competitive advantages. The dynamic of the traditional markets and emerging of new industrial markets and innovative facilities of complex balanced usage of the mineral resources to combine their resources effectively, to develop new business models to implement new strategies. The research objective is to forecast export strategies of the head phosphate producers according with globalization of the phosphate market.Methods. Integration factors and expected changes in external environment were estimated. All data related to the consolidation and acquisition of companies in mineral and chemical industry for 5 years was picked up and analyzed. The statistical analysis of demand factors was made. A review of the rare-earth elements was carried out.Key results of the research: new integrative factors and operating regularities of the mineral resources markets were found out, the complex use of the system, scenery, situational and monetary approaches to management was put forward, the global growth-stimulating factors were found out and a forecast of the global phosphate market’s development for three main segments was made, the capabilities of complex use of mineral raw material were found out based on the generalized conditions and factors of manufacturing new and traditional types of product of mineral and chemical companies.