US prognosis for 2007

Chang, Joseph; Baker, John
January 2007
ICIS Chemical Business;1/8/2007, Vol. 2 Issue 48, p26
Trade Publication
The article deals with the profit outlook of the U.S. chemicals sector for 2007. Despite the profitability of the North American chemical industry in 2006, Wall Street is split on a commodity cycle downturn in 2007. In November 2006, Merrill Lynch analyst Don Carson downgraded the ethylene sector on a weaker earnings outlook. Markets analyst Frank Mitsch sees the potential for an upturn early in 2007 as inventories are restocked.


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