IHS Chemical Week

Regions :: Western Europe

U.K. Market Heads for Further Expansion Despite Challenges

11:23 AM MDT | June 2, 2008 | Ian Young

The U.K. chemical distribution sector is on course for strong growth over the next 4-5 years despite tough challenges such as the European Union’s (EU) Registration, Evaluation, and Authorisation of Chemicals (Reach) legislation and rising oil prices, according to a recently released study by consulting firm Chemagility (Farnham, U.K.). The U.K. distribution market will grow from £2.7 billion ($5.3 billion) in 2007, to £3.65 billion by the end of 2012, Chemagility says. The forecast increase represents a compound annual growth rate of more than...

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