Shopping Cart
Your Cart is Empty
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

My Blog


Improved EBITDA for EU and US Chemical Co.s

Posted on September 3, 2016 at 4:47 PM
Moody’s Investors Service 1 Sept upgraded its outlook for the North American and European chemicals sector to stable from negative, indicating that the credit ratings agency “[does] not expect business conditions to change significantly” in the near future. “The North American and Europe, Middle East and Africa (EMEA) chemical industry’s EBITDA is likely to rise modestly through the end of 2017, as the benefits of modest global growth, acquisitions and cost-cutting programs are partially offset by further deterioration in a few commodity sectors,” Moody’s says. The slowdown in China is the key issue impacting commodity chemicals. Moody’s expects EBITDA for North American and European chemical makers to rise by about 1-2% through early 2018. The increase is expected to be driven by solid performance by diversified and specialty manufacturers, while commodity chemical makers lag behind. In particular, the housing and automotive markets in the US, and strong consumer demand, will drive growth, while European companies will benefit from currency impacts and restructuring. Agchems are expected to remain weak, and the ethylene chain will be hit by new capacity additions in the US ­– although as the US is now a low-cost producer, most firms are expected to remain profitable. Other commodities, such as chlor-alkali, titanium dioxide, and methanol, are showing signs of bottoming out, although the outlook is hardly rosy. A handful of commodities, such as styrene and polypropylene, have more positive outlooks, with polypropylene in particular remaining tight. China, however, is a “key risk,” according to Moody’s. “China is unlikely to provide an uplift to the chemicals industry n 2017 as it did during a period of demand weakness following the Great Recession,” Moody’s says. Lower growth in China has already put pressure on commodities due to overcapacity, and “any meaningful slowdown” would cause a rise in Chinese exports, putting further pressure on margins for commodities and intermediates, Moody’s says.Meanwhile, Moody’s expects M&A activity in the industry to “remain brisk.” Low organic growth and low interest rates are driving M&A transactions, although private equity firms will continue to be shut out of large deals due to high valuation multiples, Moody’s says. Sourced from Moodys website, Chemical Week, ACC Website and Platts.

Categories: Chemical Update 2016

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.


Reply 62562
9:54 AM on March 30, 2018 

Reply cheap writingservices
11:11 AM on April 13, 2018 
Everyone can get the better and more improving the system and perfect topics for chemical industry and more methods. The impacting makers automotive services and increasing the manufactures for the better tips.
Reply Replique breitling Montre
7:57 AM on July 13, 2018 
Le meilleur moment de Replique Montres Pas Cher dans le monde Temps de luxe bon marché! Si vous voulez ces montres de luxe, voulez-vous ces Replique audemars-piguet Montre , Replique bell&ross Montre ? Cela s'est passé mais s'est arrêté à? Parce que leur prix élevé vous arrête, c'est l'endroit le plus approprié pour vous. Tout d'abord, nous devrions confirmer cela
Reply 894894
6:39 AM on December 17, 2018 
7:24 AM on December 21, 2018 
The prices of industrial chemicals are getting more and more expensive. For a small business owner like me, the costs of the chemicals that I use in my store should be none of my concern. But, with the current situation in the market, it became a troubling problem for me. I hope that the institutions that are responsible for the trade of the chemicals would competently do their jobs. This will make the prices of the chemical more stable and low.
Reply <a href="" alt="Replique breitling Montre">Replique breitl
2:20 PM on April 1, 2019 
Nice blog your topic is unique thanks for sharing with us.
Reply professional thesis writing services
11:10 AM on April 17, 2019 
your blog is really nice i like it.
7:17 AM on August 30, 2019 
Glad I've read this blog. I know there is so much to learn right here. Please keep sharing your insights to your loyal readers. heavy duty castors uk
Reply Jason
7:58 AM on August 30, 2019 
his blog is just awesome and the content written in it is just awesome. Thank's for sharing this with us. Keep on sharing more contents like this with us in future. Best london bricks Company
Reply Jerry
8:00 AM on August 30, 2019 
I am very happy to see this blog. your blog is very informative for people and io am very impressed to see this blog keep it up
small parts storage for rent near me

Reply Dwayne Sammy
10:09 AM on August 30, 2019 
Well written article. Style and the presentation of the post is so good.Information in this article is very useful in our practical life.Thanks.
Heavy Duty Racking
Reply Robert
11:54 AM on August 30, 2019 
I am glad to read your blog. your blog is really great and cool your blog is really informative me and cool. its really great and informative.
buy rubber mats online
4:16 PM on August 30, 2019 
Thanks for a very interesting blog. What else may I get that kind of info written in such a perfect approach? I’ve a undertaking that I am simply now operating on, and I have been at the look out for such info.

mobile on easy installments in lahore
Reply Luca
10:29 AM on August 31, 2019 
I am so impressed from this post. The blog you share about the blueprint of health and happiness is so impressive. I really like the information which you share in it. I get useful information from it. Thanks for sharing this all. Keep sharing
Lava Jato
Reply Chris
10:41 AM on August 31, 2019 
This post is really effective. I really appreciate your working on this blog. Keep it up. And also thanks for sharing with us
Welfare Reform Brazil
Reply Jerry
12:55 PM on August 31, 2019 
I really appreciate your blog. your blog is really cool and great. your blog is really great and cool.thanks for sharing the nice and cool post
yacht hire
Reply Les
1:05 PM on August 31, 2019 
This is very nice and healthful post. I like it so much and appreciate your work. You have done really very great job. Thanks for sharing this wonderful post
yacht charter
Reply Cris
11:23 AM on September 1, 2019 
Thank you for posting such a great article! I found your website perfect for my needs
invisible braces in Pakistan
Reply Smith
2:35 PM on September 1, 2019 
You have written a great article about health topic. I have learned a lot from this post which will help me in making my health better.
respite care provider
Reply sara
2:44 PM on September 1, 2019 
Excellent article. Very interesting to read. I really love to read such a nice article because it is very informative and useful for me. I really impressed your work.Thank you for sharing and keep sharing
respite care provider