IHS Chemical Week

Chemical Week Magazine :: Viewpoint

A Different Downturn

12:51 PM MDT | March 20, 2009 | Robert Westervelt

Bankruptcies are expected in a downturn. However, the depth and breadth of this recession, coupled with a financial crisis that is causing a massive credit contraction, could force more companies than usual into bankruptcy, sale, or restructuring. Plummeting volumes, liquidity concerns, and no signs that recovery is near are forcing companies to rethink how they operate and are likely to reshape what industry will look like in the not too distant future. Chemtura filed for bankruptcy last week, the third major U.S. filing this year, behind LyondellBasell and...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa