ReportsandReports - The Top 10 US Specialty Chemicals Companies: Response to Recession, Growth Strategies and Swot Analysis
The specialty chemicals operations of major US players remained relatively resilient during the downturn compared to their other business lines. The 2005-09 period also witnessed a considerable rise in consolidation activities among US companies. Some players are focused on backward integration of operations whilst others are aiming to offload non-core franchises. Consolidation is in part prompted by fluctuations in raw material prices and rising competitiveness in the global marketplace.
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