Shale development, emerging market demand provide boost

Hamidi: Oil, gas customer needs vary widely. North America’s shale boom and demand in emerging markets are lifting prospects for water treatment chemical firms and helping offset domestic markets constrained by GDP-like growth and weak pricing power, market sources say. Shahnoz (“Nozi”) Hamidi, v.p./marketing at BWA Water Additives (Atlanta), says North America’s fracking boom, the oil and gas segment, and Mideast desalination plants are driving strong, double-digit demand growth for the company’s specialty biocides, antiscalants...

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