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According to a recent survey from KPMG International, chemical industry executives say they will
use the significant cash on their balance sheets to pursue strategic acquisitions and
new product development to spur company growth. Sixty-three percent of all executives plan
to increase capital spending over the next year. Eighty-one percent of the respondents
in Asia-Pacific predicted an increase in capital spending, (down from 100 percent in 2011)
versus 48 percent in the US and 58 percent in Europe.
For the complete article, please go to Big4.com