Chemycal has been acquired by 3E
Learn MoreDiscover how Chemycal PRO helps you boosting your regulatory monitoring:
For the last few years, China’s GDP growth and industrial activity has been moving at a slower pace than chemical producers predicted- and relied on. Increasing unemployment, slowed consumer spending, and a prolonged property crisis have all contributed to China’s economy experiencing a slower-than anticipated recovery, and the global chemical industry is feeling the impacts.
“The situation in China certainly has an impact on the overall pricing situation in the world,” said Markus Kamieth, CEO of BASF in the company’s Q2 earnings call. “There’s no question about that because China is by far the largest chemical market in most of the chemical categories that we are looking at here.”
CONTINUE READING ON: www.3eco.com2013 © MyChemicalMonitoring. ALL Rights Reserved. About Us | Terms and Conditions