Finance: Chemical Firms Will Use Their War Chests To Expand Into Emerging Markets | Chemical & Engineering News
 
 
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Volume 90 Issue 2 | p. 12
Issue Date: January 9, 2012 | Web Date: January 12, 2012

Cover Stories: World Chemical Outlook 2012

Finance: Chemical Firms Will Use Their War Chests To Expand Into Emerging Markets

Department: Business
Keywords: profits, recovery, acquisitions, capital spending, China, emerging markets

In 2011, slow economic growth, fears of a double-dip recession, and the March earthquake and tsunami in Japan cast a shadow over the finances of the global chemical industry. Nevertheless, most firms remained quite profitable during the year, and many have set ambitious growth goals for 2012 and beyond.

Starting in the first quarter of 2010, the recovery from the Great Recession marked seven straight quarters of earnings growth of 30% or more for U.S. . . .

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