ReportsandReports - Global Growth Strategies for Chemical Companies: Key Trends, M&As, Emerging Markets and Future Outlook
The global chemical industry which is over $3 trillion in size had a major setback in 2009. The US economic recession, exacerbated by the credit crisis had spread to all regions around the world. This was largely reflected among the major chemical manufacturers most of which had a significant decline in sales over 2008. Moreover, many chemical customers also reduced their purchases in the face of slower end market demand and reduced inventories in response to the adverse impact of...
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