The industry has drawn ire from environmental activists for everything from the harm that happens during production, to thefast fashion cycle, which promotes disposable clothing.
She said that developing countries needed to respond by beefing up bank supervision, restricting credit to fast-growing areas, imposing capital requirements that changed with the economic cycle and monitoring their foreign exchange exposures.
So he focuses on companies that sell into fast-growing overseas markets or are somehow protected from the chemical stocks' boom-bust cycle (see table).