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January 7, 2011
Industry enters 2011 with solid momentum with global and U.S. chemical shipments each forecast to increase by 5%, says Kevin Swift, ACC chief economist and managing director...
January 7, 2011
India’s strong economic development is expected to continue in 2011, with GDP growth of 8.7% anticipated in the fiscal year beginning April 1, 2011, compared with growth of 8.5% in...
January 7, 2011
Analysts expect 2011 to be another strong year for M&A in the chemical industry. M&A activity should pick up this year because producers accumulated high cash levels during the...
January 7, 2011
The Chinese economy will grow 9.1% in 2011, compared with 9.6% in 2010, the Asian Development Bank (ADB; Manila) says. The mild pullback in growth this year reflects the expected...
January 7, 2011
Economists expect Brazil’s growth to moderate in 2011 to about 5.5% GDP growth, compared with last year’s growth of more than 7%. High on the list of Brazilian chemical producers...
January 7, 2011
Latin America is looking at another good year for growth, “with the usual proviso that it is subject to risks from abroad,” Morgan Stanley says. “What is unusual this year is...
January 7, 2011
The Canadian chemical industry will continue to recover in 2011, although growth will be “modest and fragile,” according to the Chemical Industry Association of Canada (CIAC...
January 7, 2011
The Bundesbank (Frankfurt), Germany’s central bank, forecasts GDP growth of 2% for Germany in 2011 and projects that the German economy grew 3.6% last year. “The recovery of the...
January 7, 2011
A gradual economic recovery is underway in Western Europe, driven by stronger exports and a rise in consumption and investment. “Confidence has rebounded and financial conditions...
January 7, 2011
The Mideast will remain the focal point for petrochemical start-ups this year and market strength should continue for the near-term, industry players say. Stable oil prices, and strong...
January 7, 2011
Recovery for Japan, and its chemical makers, continues to be driven by exports. Japan’s chemical shipments are expected to grow 3.5% in 2011, according to ACC. Chemical shipments are...
January 7, 2011
Emerging Asian economies rebounded strongly in 2010 from the global slowdown, and growth is set to continue in 2011 albeit at slightly lower rates. The expected moderation in growth...
January 7, 2011
The global regulatory outlook for chemical producers in 2011 is clouded by the recent failure of global efforts to craft a post-2012 plan for curbing global greenhouse gas (GHG)...
January 7, 2011
The EU’s Registration, Evaluation and Authorisation of Chemicals (Reach) program is set to continue to draw on the resources of the chemicals industry during 2011. The key focus for...
January 7, 2011
Petrochemical margins could face pressure in 2011 as recovery matures and capacity in the Mideast and China continues to build. With industry demand growth is now tracking at just over...
January 7, 2011
Plastics demand growth, at more than 5%/year, is expected to increase faster than global GDP through 2014, driven by the emerging economies, industry analysts say. “Robust demand for...
January 7, 2011
Specialty chemical producers expect the sector to continue to grow in 2011, but at a modest pace compared to last year. Emerging markets will drive demand, while growth in developed...
January 7, 2011
Chlor-alkali producers had a successful 2010, as prices for caustic soda increased throughout the year. However, further upside in 2011 may be limited, as new global supply remains a...
January 7, 2011
The global pharmaceutical industry is expected to grow 5%-7% in 2011, and sales will exceed $880 billion, consulting firm IMS Health (Norwalk, CT) says. “While the overall market...
January 7, 2011
Crop protection and seed volumes are expected to increase in 2011, but the favorable volume outlook will be partially offset by competitive price pressures, says Jim Loar, senior...
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