Issue Date: March 13, 2017
Chemical firms exit 2016 with some bruises
U.S.-based chemical firms failed in their attempts to boost profits in 2016 in the face of an uneven and slow-growing global economy. The 19 chemical companies tracked by C&EN largely met earnings expectations for the final quarter. But for the full year, sales declined 5.3%, mainly because of lower raw material costs, while earnings fell 8.7%.
The picture looked rosier for the 17 firms that are not in the fertilizer business. Their combined earnings slipped . . .
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