Worth Watching in 2008

Growth in developing markets should lead industry growth this year, offsetting the negative impacts of a weak U.S. economy, tighter credit markets, and soaring energy costs as our annual industry outlook shows (p. 18). As part of the outlook, CW editors have identified some key developments worth watching for in 2008. Dow’s Next Move Dow Chemical says it is ready to pursue “transformational M&A” to mitigate earnings cyclically and improve returns on capital. A healthy balance sheet and the expected $9.5 billion in proceeds from the planned...

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