A Not-So-Bad Year

In this week’s print issue, I reported on the moderately positive outlook for chemicals sector earnings. Most analysts agree that growth will slow for most companies, but they also agree that there will be growth – this isn’t 2008. Europe is, unsurprisingly, a big factor in the outlook. “We would be more constructive on the group if greater clarity emerges with respect to Europe’s sovereign crisis, as well as global end market demand,” says Deutsche Bank analyst David Begleiter. But the U.S. industry is expected to see output...

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