US chemical makers face loss of automotive sales

Davis, Nigel; Gibson, Jane
November 2006
ICIS Chemical Business;11/20/2006, Vol. 1 Issue 44, p19
Trade Publication
The article reports on the warning by the American Chemistry Council that the rising level of light vehicle imports into the U.S. market will take away $8.2bn of chemicals sales between 2007 and 2008. The U.S. chemicals sector is expected to lose $188bn in potential sales over the next 10 years because of its migrating customer base. Domestic producers have chased market share and paid the price. They are likely to continue to do so as imports take a larger slice of the market.


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