Chemical Week Magazine :: Basic Chemicals & Plastics
IHS: Economic and energy outlooks improving
6:11 AM MDT | March 29, 2013 | â€”Robert Westervelt in Houston
Stronger global economic conditions and moderating oil prices are improving global growth prospects. The outlook for 2013 is brightening in part because of the dangers the global economy has avoided, said Nariman Behravesh, IHS chief economist, in a speech at IHS Chemicalâ€™s 2013 World Petrochemical Conference (WPC), at Houston late last month. â€śA lot of bad things that could have happened in 2012 did not,â€ť Behravesh said. â€śWe did not go over fiscal cliff in the United States, the Eurozone did not meltdown or break up, and China did not have a hard...
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