write an article on The chemical i ndustry rasing price at high level.
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Answer:he oil-price decline since mid-2014 has been a major shock to the global chemical industry. Many producers were underprepared for both the magnitude and speed of the impact on their businesses. The changing nature of oil supply and demand is expected to exacerbate volatility and increase the likelihood of oil-price shocks. Chemical companies need to develop the organizational agility to prepare for impending shocks and take rapid action when they occur, to capture value and minimize threats.
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