Restructuring of industry to continue despite less favorable market conditions
Restructuring of industry to continue despite less favorable market conditions Arnhem, the Netherlands, January 13, 1999. - Mr. Cees J.A. van Lede, CEO of Akzo Nobel, speaking to the U.K. Chemical Industry Association's Annual Business Outlook Conference in London today, said he expected continued restructuring in the chemical industry, although he qualified the economic climate as uncertain at best. Mr. Van Lede said he believed that 1999 would not be an easy year for the chemical industry. In western countries official growth rates are regularly adjusted downwards. In many sectors volume