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applications for automobiles, ITrelated products, civil engineering and construction works falling due to the global economic downturn triggered by the US financial crisis. The surfactant market, however, is forecast to remain stable as applications for daily commodities such as soap, shampoos, and laundry detergents continue to be strong. Special uses such as those for solar cells and semiconductors are also expanding. The surfactant market peaked in 1992, with output and shipments totalling 1.239 M tonnes and 966,472 tonnes, respectively. The market has been declining since then. In 2004, production dropped to 1.005 M tonnes, while shipments fell to 802,311 tonnes. The decline is primarily attributed to a decrease in applications for textiles, as textile producers started to move their production bases in China. Tables present production and sales of surfactants, in tonnes, during 1992-2008, production, captive use and sales of surfactants, in tonnes, in Jan-Oct 2008, and a breakdown of enduses from 1995 to 2007. A line graph compares production of surfactants in 2006, 2007 and 2008. Another line graph compares sales of surfactants in 2006, 2007 and 2008.
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In view of the economic environment, Novozymes considers its current 2009 growth outlook satisfactory. The slowdown in 4Q 2008 is not considered a reliable indicator of 2009 full-year performance. Sales growth is forecast at 8-13% (in terms of DKR), and operating profit is expected to grow by 10-15%
technology for manufacturing benzene, toluene, and xylene using light naphtha and liquefied petroleum gas. The Tokyo-based company is likely to refocus its research programme to develop a low-cost BTX production process towards other forms of reactions, catalysts and feedstocks. The decision came af