Looming U.S. 'Fiscal Cliff Poses Concerns, But Shale Plays will Drive Chem Sector

摘要

New York— The pending U.S. "fiscal cliff and general economic uncertainty are forcing an increased focus on operational excellence and a strong balance sheet, but surveyed executives believe the U.S. chemical industry will continue to see strong growth because of shale gas developments. According to a poll conducted by KPMG LLP, 41% of industry leaders indicate that their biggest concern in the current macro-economic environment is the U.S. fiscal cliff, while 20% cite a slowdown in emerging markets and 19% are most concerned about Eurozone debt issues.