in this issue
Regions :: Eastern Europe
Cefic downgrades 2012 EU output forecast, predicting a steeper decline
December 6, 2012 | Sotirios Frantzanas
Cefic has downgraded its 2012 projection for output of chemicals in the European Union and says that production will decline by even more than previously expected. Cefic projects a 2% contraction in EU chemicals output this year, having forecast a 1.5% contraction last September. The downgraded forecast reflects recent data that show a stagnant European economy, and a further decline in chemicals output since the first quarter of 2012, Cefic says. EU chemicals production in full-year 2012 is expected to be 8% below its prerecession level. Cefic also forecasts...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be: