Perspectives

Chris Cerimele - Managing Partner, Balmoral Advisors

Chris Cerimele

Managing Partner

Chris Cerimele

Managing Partner

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The global chemicals industry entered the back half of 2025 in a familiar holding pattern. End-market demand across autos, construction, and broader industrials remains muted, but no longer deteriorating. Earnings are basing, even if they haven’t begun to recover. The larger debate for both management teams and investors is not whether we have reached the trough. Rather, it is how long we stay here.

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