Managing the effects of the business cycle in the chemical industry

Companies inmany segments of the chemical industry – particularly in themore commoditized segments – are highly exposed to the business cycle. In otherwords, their businesses tend to be quite profitable at the peak butmargins are lowor even negative in downturns of the business cycle. Throughout the...

Author: Pflug, Kai
Division/Institute:FB 12: Chemie und Pharmazie
Document types:Article
Media types:Text
Publication date:2008
Date of publication on miami:18.09.2008
Modification date:11.11.2015
Source:Journal of Business Chemistry, 5 (2008) 3, S. 101-105
Edition statement:[Electronic ed.]
DDC Subject:330: Wirtschaft
License:InC 1.0
Language:English
Notes:Section "Practicioner’s Section"
Format:PDF document
URN:urn:nbn:de:hbz:6-73599583205
Permalink:http://nbn-resolving.de/urn:nbn:de:hbz:6-73599583205
Digital documents:2008_vol5_iss3_101-105.pdf

Companies inmany segments of the chemical industry – particularly in themore commoditized segments – are highly exposed to the business cycle. In otherwords, their businesses tend to be quite profitable at the peak butmargins are lowor even negative in downturns of the business cycle. Throughout the article, this phenomenon will be referred to as cyclicality.