Asian Chemical Connections
It was a struggle for many of the regional leaders to record organic sales growth in 2012. Those that made major strides were vaulted by mergers and acquisitions (M&A).
In North America, this included Ecolab, which shot up to the #7 slot with a 74% gain in sales to $11.8bn (€9.0bn). In Latin America, Mexichem saw revenues jump 34% to $4.9bn, solidifying its #3 position. Both companies are poised for further gains in 2013 as they continue to make acquisitions.
INSIGHT: End users not prepared yet to pay for sustainable palm oil products
“The customers want RSPO [material], but they don’t want to pay for it.”
VIDEO: ICIS Special Report - reasons behind 2014 VAM price surge