Chemical Industry Soars!

April 4th, 2019 by Staff

Economic growth in the United States remained dynamic at the end of 2018 with gains in manufacturing double what they were a year ago. However, all the world’s other major economies have slowed, ending a rare period of synchronized expansion.

In the United States, business investment is on the rise and domestic oil and natural gas production continue to reach new heights. Improvement in major end-use markets is setting the stage for gains in U.S chemical production during 2019. U.S. chemical manufacturers remain advantaged, with access to cheaper and more abundant feedstock and energy. This has resulted in sizable capital investment in U.S. chemical production capacity. As these investments…..

Read the entire article here:  https://www.chemicalprocessing.com/articles/2019/strong-outlook-bolsters-u-s-chemical-industry/