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Chemical Week Magazine :: Cover Story
Reshuffling the Paper Chemical Stack
11:01 AM MST | February 9, 2009 | NANCY SEEWALD AND ESTHER D’AMICO
Slow Demand, Poor Economy Forces Suppliers to Restructure The financial woes that have plagued papermakers in recent years are expected to continue at least for the near future as major European, Scandinavian, and U.S. producers close mills, cut production, and reduce workforces to save costs. Many chemical suppliers to this market have followed suit, citing the weakening of the mature end markets and the poor economy. Some suppliers are upbeat about prospects, however. They say that demand growth in parts of Asia and other emerging regions as well as the stable...
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