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Chemical Week Magazine :: Cover Story
Distribution Showing Resilience
8:23 AM MDT | May 21, 2010 | Ian Young
Chemical distributors’ sales fell in 2009 as a result of collapsing demand caused by the global economic downturn. However, earnings remained relatively steady, demonstrating the resilience of the distributor business model even in times of crisis. The distribution sector has made a brighter start to 2010, and M&A activity is returning. The chemical distribution industry has weathered the financial and economic storm of the past 18 months and emerged structurally intact. Distributors’ financial performance in the first quarter of this year was...
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