21 December 2011 11:28 [Source: ICIS news]
"While we expect demand from
Russian chemical producers will also benefit from planned increases in polymer production, supported by strong growth in Russia's retail and construction sectors, the ratings agency said.
Demand for fertilizers will remain strong, with support from emerging and domestic markets outweighing slowing demand in
There are risks in this sector, however, from cheap North American feedstocks, increasing production of nitrogen-based fertilizers in the
Pribytkova said ongoing investment will benefit Russia's chemical sector but warned that the outlook would be revised downwards if Chinese economic growth slowed to less than 5%. China's 2012 GDP is widely expected to be around 8–9%.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections