EPCA 2011: Industry Investment and M&A to Continue Despite Market Slowdown

The chemical industry will continue to pursue capital investment projects and engage in merger and acquisition (M&A) activity, albeit cautiously, despite the expected global economic slowdown, industry analysts and executives told CW at the European Petrochemical Association (EPCA) annual meeting, currently taking place in Berlin. “Companies need to invest to grow,” Timothy P. Hanley, global leader/manufacturing at Deloitte Touche Tohmatsu, tells CW. “There’s a bit of caution and there’s constraint on capital from banks, so...

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