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Long-term outlook for chemicals is good, says Deloitte exec

Trade concerns and a projected global surplus of ethylene are challenges for the global chemical sector, but the outlook appears brighter for the US Gulf Coast because of low-cost feedstocks, according to this analysis. "The upside is that the chemical business is fundamentally healthy and growing faster than the fuel business, so long-term prospects are good," says Deloitte executive Andrew Slaughter.

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