Get Adobe Flash player
PLASTIKS on line. Home
Русская версия
magazine conference catalogue
Business forums
Plastics recycling
Raw materials and additives
Investments and equipment
Plastics application
Subscribe to news

ACC says economic recovery has stalled


The recovery from the worst recession since the great depression has stalled, say economic experts at the American Chemistry Council, in a year-end review. In Europe, a recession is emerging and growth is slowing in East Asia, notes ACC chief economist Thomas Kevin Swift.
“The United States has not been immune from these forces,” and recovery in the U.S. has slowed as a result, the ACC notes. Industrial sector output continues to expand and consumers are tentatively reengaging but there is much lost ground to recover.
ACC also comments that the “risks to recovery remain high,” and globally, the emerging markets have shown the strongest growth. “This will continue,” ACC feels, and along with favorable energy dynamics will aid US chemical exports in the years to come, said the group.
According to ACC, once some near-term softness is past, the outlook for chemicals is for “modest growth over the next several years,” which depends on strengthening domestic demand and an improvement in exports abroad.
A final prediction is that a strong recovery in profits and “the shale-gas revolution” will lead to further investment in innovation and plant and equipment.


Other news

22/11/2013 BASF gets tough with wind turbine coating
22/11/2013 EU polymer demand growth in 2014: 'patchy'
12/04/2013 Small printer targets orthodontic labs
22/03/2013 Growing confidence points to upturn
22/03/2013 Putting the bite on 3D printing
08/02/2013 PolyOne colourant used for suture guide
01/02/2013 Erema hires external PR firm
20/12/2012 Chemtura and Caterpillar link to develop urethane tires
18/12/2012 Aston Martin benefits from nanotechnology
14/12/2012 Boeing and BMW collaborate on composite recycling

Weekly news alerts
Яндекс цитирования
"ПЛАСТИКС" стал мобильнее

Уважаемые посетители сайта "Пластикс"

С июня 2013 года для пользователей планшетных компьютеров на Android и iOS доступно мобильное приложение (инструкция здесь).

Вы можете бесплатно ознакомиться с одним из номеров журнала (№6, 2015) через мобильное приложение.