Dow Chemical boss optimistic.

(From Chemical Business NewsBase - Chemical Business (India))

A Dow Chemical official forecasts strong market fundamentals in 2006, with satisfactory growth in demand and no major capacity slated to enter the market. In 2006-2007, operating rates are estimated to rise as demand expands more rapidly than supply. The demand for the rest of 2006 is expected to stay firm. In 2005, polyethylene (PE) offtake was up 4% throughout Europe, and end-user demand remains at a good level. However, the persistent …