IHS Chemical Week

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Germany's chemical sales $64 billion in first quarter, up 5%

9:57 AM MDT | May 13, 2014 | Michael Ravenscroft

Chemical industry association VCI (Frankfurt) says that the German chemical industry achieved high sales in first-quarter 2014 on the back of strong domestic demand. The strong fourth quarter of 2013 continued into first-quarter 2014, with more or less stable prices for chemical products and a minor decrease, 0.8%, in production, according to VCI. Business activity picked up in Europe, demand from the United States and Asia/Pacific dropped. Nevertheless, foreign sales of the German chemical industry in first-quarter 2014 were 3.5% higher than in the year-ago...

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