World petrochemical demand will strengthen by 2000- if economy rebounds

Despite the maturation of the petrochemical industry, the world and regional petrochemical demands are surprisingly strong. If the Asian financial crisis does not worsen and a worldwide economic rebound begins by 2000, 5% or more annual growth rates are possible. These are the opinions of Ralph Hoag, SRI Consulting, Menlo Park, Calif., presented at a Chemical Management & Resources Association meeting, Ponte Vedra, Fla., in October.

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