Issue Date: February 28, 2011
Chemical Earnings Gain Steam
Helped by the return of consumer spending, the chemical industry was at the leading edge of the strengthening economic recovery in the fourth quarter. Company earnings reflected broad-based demand for chemicals across all regions and sectors. For 21 companies tracked by C&EN, sales increased 13.1% and earnings soared 40.0% compared with the year-ago quarter.
As the depths of the recession fade into memory, it becomes more difficult for companies to post huge gains compared with . . .
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