Chemical firms saw slow but steady progress in 2013

12/27/2013 | Chemical & Engineering News

U.S. chemical firms were able to make the best of 2013, weathering the Chinese economic downturn, a debt crisis in Europe and U.S. budget issues, this article says. The rate of mergers and acquisitions slowed during the year, as did new plant announcements, but the industry still grew and companies developed increasing confidence in industrial biotech and biomaterials. Meanwhile, producers of specialty chemicals are optimistic for a better economic climate moving forward, this article says.

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