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January 14, 2008
Crude oil prices are expected to ease this year after surpassing $90/bbl in fourth-quarter 2007, but they will not fall below $80/bbl, says David Begleiter, analyst at Deutsche Bank...
January 14, 2008
Analysts predict another strong year for the U.S. chlor-alkali market. The tight caustic soda supply that characterized the second half of 2007 will persist throughout much of the...
January 14, 2008
The global pharmaceutical market is expected to grow at about 5%-6% this year, as compared to 6%-7% in 2007, says IMS Health (Norwalk, CT) in a recent report. The outsourcing market is...
January 14, 2008
Industrial gases firms are upbeat about the next few years, with many predicting double-digit growth. A strong project workload worldwide and growth in global manufacturing are driving...
January 14, 2008
Global demand for agricultural products including genetically modified (GM) seeds, fertilizers, and crop protection chemicals will remain strong this year, says Kevin McCarthy, analyst...
January 14, 2008
M&A volume in the chemical industry will be down in 2008, driven by a decline in large-level private equity deals, investment bankers say. M&A activity will advance at a...
January 14, 2008
Keeping the flow of commerce on track will be one of the major challenges this year amid tougher European and U.S. regulations and higher costs, shippers and carriers say. The U.S...
January 14, 2008
The U.S. chemical industry will focus much of its attention this year on implementing the chemical security laws recently finalized by the Department of Homeland Security (DHS)...
January 14, 2008
The chemical industry must start complying with the European Union’s (EU) Registration, Evaluation, and Authorisation of Chemicals (Reach) legislation on June 1, when the...
January 14, 2008
The European Union (EU) continues to be buffeted by the economic shocks hitting other developed countries: financial turmoil, cooling housing markets, and rising energy prices...
January 14, 2008
The Chinese economy continues to outperform the rest of the world with GDP growth at double-digit rates. Economists forecast a slight slowdown in 2008, however. OECD expects Chinese...
January 14, 2008
Japan’s sluggish economy, coupled with higher raw material costs, will make this a tough year for the domestic chemical industry, producers say. The Japanese economy is expected...
January 14, 2008
OPEC is responsible for “deliberately limiting output in 2007” to keep oil prices high, according to the Centre for Global Energy Studies (CGES; London). Oil reached...
January 14, 2008
Overall economic growth in the East Asian region—defined as China, Korea, and Taiwan—will slip from 8.5% in 2007, to 8% in 2008, according to a recent report by the Asian...
January 14, 2008
Chemical sales are expected to fall by 1% and volumes by 2% this year amid a tough Canadian marketplace impacted by the high Canada-U.S. exchange rate, tight labor conditions, and...
January 14, 2008
India’s economy is expected to rise 8.5% this year, compared with 9.4% in the fiscal year ended March 31, 2007, according to a recent report by the Asian Development Bank (ADB...
January 14, 2008
Further details on the many mega-crackers planned for Latin America are expected to emerge this year, although it will likely remain unclear which of those projects will go forward...
January 14, 2008
The Ministry of Economic Development and Trade (Moscow) forecasts a slowdown in Russia’s GDP growth to 6.4% in 2008, from 7.3% in 2007. The ministry cites an anticipated decline...
January 14, 2008
Transporting chemicals safely and securely, particularly by rail, in North America is expected to remain under the public spotlight this year. There have been several major rail...
January 4, 2008
Process services firm PRWT Services (Philadelphia, PA), a company with no experience of running pharmaceutical manufacturing plants, says it has bought Merck &...
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