Slowing Economy Means Mixed Fortunes for Asia’s Chemical Industry, but Margins Still Healthy, IHS Says

Multimedia
All Other Multimedia:
image/jpeg iconTony Potter (118.9 KB)
image/jpeg iconNariman Behravesh (122.54 KB)
Dateline City:
HOUSTON, Tex.
Contacts
Maritime & Trade; All Industries
Danny Cheung, +65 64396192
danny.cheung@ihs.com
or
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Chemicals; Energy; Natural Resources
Melissa Manning, +1 832 458 3840
melissa.manning@ihs.com

China’s status as global leader in consumer goods production and chemical demand helps counter apprehension of regional chemical producers

HOUSTON, Tex. (October 22, 2015) - Despite a slowdown in China’s economic growth that saw the country’s economy advance just 6.9 percent in the first three quarters of 2015, demand for chemicals in China remains healthy and growing, thanks to the country’s role as a global leader in consumer goods manufacturing and growing domestic consumption, said IHS (NYSE: IHS), the leading global source of critical information and insight.

Language:
English

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