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Chemical majors skeptical of "V-shaped" recovery
8/10/2020

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.

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