IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

S&P: More Chemical Firms Face Credit Downgrades Even as Profits Climb

12:02 PM MDT | October 3, 2007 | Nancy Seewald

Standard & Poor’s (New York) says it has begun to adopt “a more cautious” view of chemical industry prospects for the year ahead due to factors including an expected slowdown in GDP, weakness in the housing market, and higher oil prices. Credit downgrades have outpaced upgrades so far this year, and credit quality is likely to remain “slightly negative” through the remainder of 2007 and into 2008, S&P says. Acquisitions and “actions to increase shareholder rewards” are likely to be the drivers for negative credit...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa