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Chemical Week Magazine :: Cover Story
10:53 AM MST | January 14, 2008 | Kate Phillips
Chemical sales are expected to fall by 1% and volumes by 2% this year amid a tough Canadian marketplace impacted by the high Canada-U.S. exchange rate, tight labor conditions, and increased energy and raw material costs, says the Canadian Chemical Producers’ Association (CCPA; Ottawa). “Sales volume has dropped by 7% since it reached a peak in 2004, and this trend is expected to continue as some older plants are shut down and not replaced with new investments, particularly in central Canada,” CCPA says. Domestic sales, which dropped by almost...
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