Moderate Recovery Expected in 2010

Valk, Vincent; Westervelt, Robert
December 2009
Chemical Week;12/7/2009, Vol. 171 Issue 29, p6
Trade Publication
The article offers information on the American Chemistry Council's (ACC) annual year-end outlook, which indicated that the global chemical industry output is expected to expand by 4.6% in 2010, compared with the 4.6% decline in 2010. According to Kevin Swift, ACC chief economist and managing director, the recovery of more markets will lead to a 5.0% gain in global output in 2011 and 5.1% in 2012. He added that the halt in destocking activity will boost recovery.


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