The blog is pleased to announce that Dr Ralf Kuhlmann is joining International eChem (IeC) as a Senior Vice President. He was previously Business Director, Basic Chemicals, with ExxonMobil Europe, where he was responsible for Marketing & Sales, Planning, Feedstock, and Supply Chain optimization for the European petrochemicals business. He also represented ExxonMobil on a […]
Chemicals and the Economy
Boom/Gloom Index indicates downturn underway
Last month’s IeC Boom/Gloom Index showing a worrying weakness in sentiment, particularly when the world’s major stock markets had actually recorded good performances in July, albeit on low volume. But as the chart shows, this month confirms the downturn reading, with the Index (blue column) below the 4.0 level. Further confirmation of this reading comes […]
EU unemployment remains at 10%
EU governments have spent enormous sums of money to support the economy over the past year. Yet in terms of a key indicator such as unemployment, the situation has got worse rather than better. This is bound to restrain consumer spending, a key factor for domestic EU chemical demand. Eurozone unemployment hit 10% in February, […]
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