IHS Chemical Week

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Distribution: Momentum slows in a challenging market

8:43 AM MDT | May 28, 2013 | —Ian Young

Europe’s chemical distributors struggled to increase revenue last year. Any growth they achieved was most likely in the first half of 2012 as the already weak European economy deteriorated toward year-end. Conditions remained tough in the first quarter of 2013, and companies say the market may not grow this year. Meanwhile, industry consolidation continues as distributors seek to boost their geographic footprint or fill gaps in their portfolios through acquisitions....

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