Despite Challenges, Chemical Industry Offers Reasons For Optimism

Aug. 19, 2016
Broader chemical industry remains on the road to recovery.

Despite challenges like weak demand in the agricultural and energy markets and a sluggish Chinese economy, the broader chemical industry is on the road to recovery, according to an article from Zacks Research. The shale gas revolution in the U.S. is cited among the reasons for optimism as chemical makers ratchet up investment on plants and equipment.

Other signs of a rebound, according to Zacks, include healthy momentum across the automotive and construction markets and an active focus by chemical manufacturers on mergers and acquisitions to diversify and shore up growth. A shift in focus to high-growth markets, cost-cutting measures, productivity improvements and other strategic moves by chemical companies are other factors supporting the bullish case for chemical stocks, according to Zacks.

Read the entire article here.

Sponsored Recommendations

Heat Recovery: Turning Air Compressors into an Energy Source

More than just providing plant air, they're also a useful source of heat, energy savings, and sustainable operations.

Controls for Industrial Compressed Air Systems

Master controllers leverage the advantages of each type of compressor control and take air system operations and efficiency to new heights.

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!

The Art of Dryer Sizing

Read how to size compressed air dryers with these tips and simple calculations and correction factors from air system specialists.