BMI View: US chemicals and petrochemicals industries are seeing solid, if unspectacular, growth. With ethane costs at a low level, US producers are on track for a robust performance in 2013, particularly those exposed to growth markets such as the slowly reviving construction sector. However, over the long term, doubts remain in relation to the viability of the planned surge in capacity, which will require export-led growth to absorb the increase in output. The global economic outlook for US producers in 2013 continues to be challenging, with the European market remaining in a slump and its effects constraining global economic …
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