Country & Industry Forecasting
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2/21/12 12:06 pm ESTFollowing a slump in demand caused by the recession, benzene, an aromatic chemical building block used primarily for the production of other chemicals, including styrene and cumene, experienced growing demand in 2011, with world demand forecasted to be 42 million metric tons. This outlook is higher than the previous demand peak of 41 million metric tons in 2007, according to a new, IHS Chemical global market study from IHS (NYSE: IHS), the leading global source of information and analysismore...English
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2/9/12 8:00 am EST
Leaders from Dow Chemical, Saudi Aramco, Shell Chemical, LyondellBasell and Reliance Industries to discuss the impact of North American shale gas developments on the global petrochemical industry
IHS Chemical will host the World Petrochemical Conference and workshops March 27 – 29, 2012, at the Hilton of the Americas Hotel in Houston. Now in its 26th year, the conference will focus on the impact of the U.S. shale gas, and how developments in the industry are re-energizing the North American petrochemicals sector and driving new investments. IHS Chemical brings together the world-class expertise of CMAI, SRI Consulting, Harriman Chemsult, and Chemical Week as part of IHS (NYSE:more...English -
2/6/12 10:00 am EST
Health, safety, quality and environmental issues will have major impact on current and future use of oil field chemicals
Driven in large part by the rapid expansion of shale oil and gas drilling and production in North America, the world market for oil field specialty chemicals reached nearly $16 billion in 2010, with the U.S. and Canada accounting for more than $8 billion or 52 percent, according to a new IHS Chemical global market study from IHS (NYSE: IHS), the leading global source of information and analysis. According to the IHS Chemical 2012 Oil Field Chemicals Report (formerly from SRI Consultingmore...English -
1/23/12 9:52 am EST
Manufacturers, auto dealers and analysts set to headline day-long forum hosted by New York International Auto Show
NEW YORK--(BUSINESS WIRE)--Nissan and Renault Chief Executive Officer Carlos Ghosn will be the keynote speaker at the April 3 Automotive Forum sponsored by the National Automobile Dealers Association (NADA) and IHS, and hosted by the New York International Auto Show. The day-long event at the Grand Hyatt New York, “Defining Success in the Automotive Industry: Staying Competitive in an Uncertain World,” brings together industry thought leaders for discussions ofmore...English -
12/13/11 1:44 pm ESTFollowing a sharp global decline following the 2009 recession, developing economies, particularly those in Asia, are driving demand for soda ash, a basic chemical product essential for glass production and other industrial uses according to a new, global market study issued by IHS (NYSE: IHS), the leading global source of information and analysis. According to the report, The 2012 IHS Chemical World Soda Ash Analysis, despite an oversupply, much of which is in China, world demand formore...English
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12/8/11 4:31 pm EST
Combines the world-class assets of recent chemical industry acquisitions to deliver greater value to customers around the world
ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE: IHS), the leading global source of information and analysis, announced today the creation of IHS Chemical -- a world-class chemical industry insight organization comprising the company’s acquisitions of CMAI, SRI Consulting, Harriman Chemsult and Chemical Week. IHS Chemical offers the most comprehensive content, research and analysis to the chemical industry, which includes hydrocarbon- and bio-based chemicals, as well as plastics andmore...English -
12/6/11 9:30 am EST
Increasing demand for smaller, lighter autos, along with growing finished goods production and consumption in Asia, is driving demand for specialty engineering resins
Growing demand for durable goods, and the production of those goods in Asia and China, in particular, means that, through 2016, Northeast Asia will continue to be the largest consumer of nylon engineering resins, a specialty chemicals group of engineering plastics used for production of a broad range of applications including component parts for automobiles, electronics and appliances , according to a new, global market study issued by IHS (NYSE: IHS), the leading global source ofmore...English -
12/6/11 12:01 am EST
"Shale gale" will also blow in lower natural gas, electricity costs, and boost tax revenue
WASHINGTON--(BUSINESS WIRE)--The natural gas "shale gale" that has dramatically transformed the outlook for U.S. energy supplies is also having profound economic impacts -- creating jobs, reducing consumer costs of natural gas and electricity, stimulating economic growth and bolstering federal, state and local tax revenue, according to a new IHS Global Insight study. The study found that shale gas production supported more than 600,000 jobs in 2010, a number that is projected tomore...English -
11/18/11 11:26 am EST
Outlook has dimmed on economic conditions in the US, Eurozone
IHS, the leading global source of information and analysis, said today it has lowered the outlook for global construction spending in 2012 to 4.9 percent in the face of economic difficulties in the U.S. and Eurozone. Concern over sovereign debt is expected to lead to a mild recession in the Eurozone and the U.S. economy continues to fail to gain significant traction. The outlook through 2015 sees global construction spending increasing at a compound annual growth rate of 4.7 percent, while themore...English -
10/12/11 11:49 am EDT
Policy experts, economists and industry leaders to explore “Recovery Stalled: Reinvigorating Growth While Tackling Debt”
LEXINGTON, Mass.--(BUSINESS WIRE)--The European economic crisis is "unfolding like a train wreck in slow motion" with Eurozone economies likely already in recession and an all but inevitable Greek debt default on the horizon, says IHS Chief Economist Nariman Behravesh. Behravesh and IHS Global Insight Chief U.S. Economist Nigel Gault will explore the implications of a worsening Eurozone economy on the U.S. and rest of the globe at the IHS World Economic Outlook Conference Octobermore...English
