Volume 95 Issue 16 | pp. 20-22
Issue Date: April 17, 2017

Future-oriented spending down in 2016

Slow growth and political uncertainty triggered cuts in chemical company research and construction spending
Department: Business
Keywords: investment, R&D, capital spending, future-oriented spending, economy

Capital and R&D spending took a nose dive in 2016.

The year was marked by economic uncertainty, political upheaval, and bottom-line-oriented efforts to keep earnings strong amid tepid growth conditions around the world. As a result, most chemical makers ratcheted back investments in research and in new plants and equipment.

C&EN’s annual R&D spending survey shows that 19 large U.S. and . . .

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