Deutsche Bank: Slowing Volumes and Rising Costs Will Pressure Second-Quarter Earnings; Specialty Makers Are Hardest Hit (update, adds earnings)

Second-quarter European chemical industry earnings will continue to be squeezed by slowing volumes, unfavorable currency exchange rates, and rising raw material costs, “but with some modest worsening” compared with the first quarter, says a report issued today by Deutsche Bank (London) analyst Tim Jones. Second-quarter volumes will be “reasonable” because of strengthening demand in Asia, but companies are expected to report a slowdown in growth, particularly in Europe, Jones says. U.S. markets continue to lag, he says. “On costs, there is little room...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers