Specialty Chemicals: Improvement, and Challenges

Global demand for specialty chemicals is expected to grow 3.7% in 2012, after 3.5% growth last year, ACC says. “Gains in basic chemicals will slow in 2012 with specialties experiencing average growth as major end-use customer industries further progress,” says Kevin Swift, managing director and chief economist at ACC. “Consumer products and pharmaceuticals will continue to achieve good increases in production volumes and, in 2012, will also take on a more important role.” Specialty chemical markets are expected to grow faster than...

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