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Regions :: Western Europe :: Belgium

EU production of chemicals increased in first five months, but output slipped in May

6:19 AM MDT | July 22, 2014 | Ian Young

Output of chemicals increased 1.8% in the European Union during the first five months of 2014 compared with the corresponding period of last year, Cefic says. However, chemicals output decreased year-on-year (YOY) in May—the first monthly decline after eight successive monthly increases. Cefic has not said how much production declined in May but that the decrease is a "blip" and that the overall production trend remains firm. A 4.5% YOY decrease in petrochemicals production in the European Union during the first five months was the most likely...

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