An increase in the American Chemistry Council's June Global Chemical Production Regional Index indicates a recovery is underway, but the CEOs of BASF and Clariant are uncertain it will follow a "V-shaped" trajectory. Most customers are only placing orders two months ahead and order volumes are weak, which makes forecasting difficult, says BASF CEO Martin Brudermuller.
Chemical majors skeptical of "V-shaped" recovery
Sign up for AIChE SmartBrief
News for chemical engineers
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.