Chemicals Market Business Intelligence
By David Hannon -- Purchasing, 11/13/2008 2:00:00 AM
15%
Price hike from Air Liquide for oxygen, nitrogren and hydrogen
Source: Air Liquide
WHAT IT MEANS: Most of the major industrial gas suppliers pushed price increases in October to offset higher input costs despite reportedly ample supply in the market.
30%
Forecasted growth for U.S. biodiesel market through 2012
Source: SRI Consulting
WHAT IT MEANS:Despite stronger demand predicated than any other chemicals segment, SRI's Milen Blagoev warns that "demand for biodiesel is set by regulation within each individual country"—which makes it difficult to forecast.
9%
3Q increase in selling prices reported by Cytec Industries
Source: Cytec Industries
WHAT IT MEANS:The specialty chemicals maker predicted a 10% demand drop in the architectural market next year, a segment that still has "more work to do with pricing," and declines in energy and propylene costs.
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