Tuesday, November 10, 2009

Petrochemical industry outlook improves from a year ago levels

The outlook for the petrochemicals industry has improved significantly from a year ago due in large part to the economic recovery in emerging countries as per ICIS. As the pace of recovery is healthieer in emerging economies as compared to the slower pace of recovery in the developed world, it seems that Brazil, China and India are poised to lead the way out of recession.

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