IHS Chemical Week

People & Business :: People/Executives

Fall Ahead?

2:56 PM MDT | September 4, 2009 | ROBERT WESTERVELT

Spring may be arriving about six months late for the global economy and chemical makers. Late summer economic news has been mostly favorable, and indicators point to continued improvement in demand. Inventory depletion is no longer dragging down demand, and restocking could provide some lift in late 2009. The Organization for Economic Cooperation and Development (OECD; Geneva) said last week that recovery from the global recession is likely to arrive earlier than was expected a few months ago, but adds that the pace of economic activity will remain weak well into...

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