World chemical industry struggled in 2001; some areas expected to recover in 2002

December 17, 2001

The U.S. chemical industry posted slow growth in 2001, plagued by weakness in the overall U.S. economy. But U.S. troubles spelled opportunity for foreign chemical industries, as the strong dollar and less-competitive chemical products made the United States an attractive destination for exports from foreign countries, according to "World Chemical Outlook," a report in the current (December 17) issue of Chemical & Engineering News. C&EN is the weekly newsmagazine of the American Chemical Society, the world's largest scientific society.

Highlights of the report include:
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