Robust M&A activity for chemical industry in 2020

  • Date: 03-Mar-2020
  • Source: Trade Arabia
  • Sector:Industrial
  • Country:GCC
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Robust M&A activity for chemical industry in 2020

The Deloitte Global Chemical Industry Mergers and Acquisitions Outlook (2020 Outlook) expects robust merger and acquisition (M&A) activity to continue throughout the coming year, despite the trade and geopolitical tensions, and slowing economies that shape today's global economic uncertainty.. It seems that the chemical industry has become more comfortable operating in the uncertainty which may now be considered the 'new normal'.. One trend the 2020 Outlook sees shaping the M&A landscape is the continued integration of traditional oil and gas companies with petrochemical firms, as chemical production is becoming an increasingly important end-use.. Foreign buyers remain very interested in US assets, and portfolio management will continue to be an important theme for US companies.. In the Netherlands, the economic climate remains strong, debt is inexpensive, and many companies have had strong earnings in recent years..