Water Treatment Firms Maintain Investments Amid Downturn

Major players say they are investing in the water treatment sector, which they describe as “resistant” to the global recession. These include Dow Chemical’s Dow Water Solutions (DWS) and Ashland Chemical, both of which are investing in R&D. Barbour: New unit to be online in 2010. “Water is, to a certain extent, inured to economic conditions,” says Mike Richardson, chemical industry analyst with the Freedonia Group (Cleveland). “People are going to use water no matter what.” Freedonia projects global demand for water...

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