Slow, but Still Growing

CW’s cover story this week gauges current industry conditions and sentiment as financial turmoil weighs on the global economy. Chemical makers are more cautious than earlier this year, but there are no signs of a major downturn. Demand is down from the strong pace of early 2011, but chemical makers and the global economy continue to keep their heads above water (p, 29). Financial and equity markets, however, would indicate a much bumpier landing. Chemical stocks in the CW75 Index are off about 26% since the start of the second quarter, versus a drop of 16%...

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