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APLA ’09: Petchem outlook improves on emerging economies
MEXICO CITY (ICIS news)--The outlook for the petrochemicals industry has improved significantly from a year ago due in large part to the economic recovery in emerging countries, market sources said on Sunday.
“It is the south pulling the north,” a Brazilian consultant said, referring to the slower pace of recovery in the developed world.
Brazil, China and India are the countries leading the way out of recession, the source said on the sidelines of the 29th Latin American Petrochemical Annual Meeting (APLA) in Mexico City.
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INSIGHT: Enjoy China’s chemicals imports while they last
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VIDEO - ICIS news Europe Lunchtime Bulletin 6 November 2009
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