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Report: War could be a blow to cleaning chemical suppliers

February 06, 2003
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NEW YORK — Manufacturer/suppliers of cleaning ingredients could face a tough road ahead if war with Iraq develops, according to a report on Micromedex. Surfactants/detergents/intermediates suppliers say margins may be squeezed by a war that raises oil prices and slows consumer spending and long-term profitability hinges on further consolidation, according to the report, which is attributed to the subscriber publication Chemical Week. For related stories, click here To return to today''s news, click here To discuss this item with other industry professionals, click here
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