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  1. Chemicals against the coronavirus

    ... focuses on high value-added products like dyes, surfactants, pharmaceutical substances, etc. It involves multi-step processes which require skilled professionals and sophisticated equipment. The chemicals here mainly come from China and Germany. Russia's chemical industry will hardly ever be able to cover the domestic demand, but in fact, there is no such need. Nevertheless, the lack of Russian-made fine chemicals hinders the development of such sectors as pharmaceuticals, which are so in demand in this ...

  2. IHS: Chemical industry to face slowing demand

    ... fluctuations in demand for fuel, find a guaranteed buyer for a part of their output, and allow them to diversify cash flows while reining in volatility. Market locked in battle for survival Despite hitting the high-water mark of USD 220 bn in 2018, chemical industry earnings were on the decline the very next year – a trend that is set to continue in 2020, IHS forecasts. The inevitable global recession in 2020 will deliver a blow to chemical products demand, and it is unclear how long it will take ...