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Coatings and Plastics Lead Production Growth in June

Posted on August 22nd, 2017 by in Chemicals Industry News and Analysis

Coatings, plastics, pharmaceuticals and synthetic rubber led year on year chemicals production growth in June, the latest analysis from the American Chemistry Council (ACC) shows. But the data also illustrate the fact that sector growth remains broad-based. Continue reading “Coatings and Plastics Lead Production Growth in June” »

Will growth end mega M&A deals?

Posted on June 23rd, 2017 by in Chemicals Industry News and Analysis

The mutually agreed merger of Huntsman and Clariant to create a specialty chemical company with $20bn enterprise value is the latest in a string of major consolidation deals in the sector. Leading chemical producers have been seeking ways of achieving growth during an extended period of sluggish global economic expansion, and mergers and acquisitions has been the go-to strategy. Continue reading “Will growth end mega M&A deals?” »

Covestro Q1 earnings driven by volumes and prices

Posted on May 16th, 2017 by in Chemicals Industry News and Analysis

Higher prices for key intermediates in Asia and the knock-on effect in other parts of the world in the first quarter has, not surprisingly, helped lift returns for the petrochemical majors. Continue reading “Covestro Q1 earnings driven by volumes and prices” »

Brazil’s recovery to strengthen in second half

Posted on April 13th, 2017 by in Chemicals Industry News and Analysis

Executives and managers from several plastic producers expect Brazil’s economy to start a sustained recovery in the second half of the year, ending the nation’s worst recession since the Great Depression. Continue reading “Brazil’s recovery to strengthen in second half” »