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  • Global chemicals growth slows to 2%

    Global chemical growth seems to be slowing. Although the data can be volatile, the latest American Chemistry Council report shows it has fallen from 5.1% in June last year, to just 2% in April. As shown in the chart, Asia-Pacific growth has halved over the period to 5.2%, whilst both N America and W...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-01-2008

  • Shell, BASF, ACC warn on US downturn

    ‘The sharp drop in housing starts and the developing credit crisis will flow into the cracker business’, according to Shell Chemical’s CEO Stacy Methvin. She added that ‘the housing crisis is more far-reaching than anyone anticipated’ . Similarly, BASF is now more cautious about the potential impact...
    Posted to ICIS Blogs (Weblog) by Anonymous on 04-07-2008

  • China exports inflation

    China has been a major source of price deflation for the past decade. It is now the world’s leading manufacturer of a whole range of products from microwaves to DVDs. And the rest of the world has benefited from the lower prices that it has provided. But not any more. The attached chart from the ACC...
    Posted to ICIS Blogs (Weblog) by Anonymous on 02-17-2008
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