Industry | 2009.12.16
Fitch: Gradual Recovery Will Continue for Global Chemicals Industry in 2010
NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects a gradual recovery to continue for the global chemicals industry as global chemicals markets stabilized in the first half of 2009 and continue to rebound from record lows. In Fitch\'s North American & EMEA chemicals outlook reports, the company says the recovery in demand for chemical products will remain fragile next year with significant regional disparities in the growth trends reflecting varying economic expansion forecasts. Asia (China and
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