Market is held back

Bains, Elizabeth
June 2007
ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p8
Trade Publication
This article explains that weakness in the U.S. and Japanese markets continued to hold back the global chemicals market in the first quarter (Q1) of 2007, according to a report by Oxford Economics. In Europe, Q1 production rose by 1.25% from Q4 2006, but sluggish growth in Japan and the U.S. offset Europe's strength. U.S. chemicals output climbed by 0.5% in the first three months of 2007. Japan's production edged up by only 0.4%, as pharmaceuticals suffered from a rise in generics production.


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