Neville Prior

EU Chemicals Industry Sees Growth in First Half of 2017

Neville Prior  25 August 2017 01:38:43 PM
Image:EU Chemicals Industry Sees Growth in First Half of 2017
EU chemicals production has grown significantly this year, while still remaining below pre-crisis level, according to the latest figures released by industry body Cefic. In a 24th August report, Cefic said chemicals output within the EU was up by 3.1% during first half of 2017, compared to the same period last year. Production rose in most chemicals sub-sectors, with significant rises in crop protection, basic inorganics, polymers and consumer chemicals. Speciality chemicals registered “modest” growth. Prices for chemicals were up 5.7% during the first half.
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