CW Insider, July 27: Solid Ground?

In one measure of just how badly the situation, and expectations, for industry have deteriorated since last fall, DuPont was able to tout a nearly 50% year-over-year drop in earnings as a “solid” result in the headline of their second-quarter earnings press release last week. So it goes for chemical makers as they report second-quarter earnings.   The industry and global economy appear to have stabilized as the freefall that started last September finally relented. Demand has started to improve versus a few months ago as most markets showed...

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