17 April 2012 15:07 [Source: ICIS news]
LONDON (ICIS)--Chemical industry margins in the EU and the ?xml:namespace>
“Following the [global economic] crisis, Europe has maintained margins through steady price increases, while stronger cost inflation in the
“Now both regions are maintaining GM [gross margin] despite inflation, a sign of a healthy industry,” it added.
Bernstein Research said the companies in its coverage it currently favours are in segments that can “hold prices in the deflationary cost environment or have defensive characteristics”.
Fitting these descriptions were Dutch coatings producer AkzoNobel, US paint firm Sherwin-Williams, and industrial gases firms such as France-based Air Liquide,
Bernstein's analysis excluded pharmaceuticals.
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