IHS Chemical Week

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UK chemical and pharma companies report lower sales volumes in last 6 months

2:59 AM MDT | May 16, 2013 | Francinia Protti-Alvarez

Sales by the UK chemical and pharmaceutical industry to customers declined during the past six months, according to the latest survey carried out by the Chemical Industries Association (CIA; London). CIA says that 44% of companies report lower sales volumes and only 22% recorded an increase. In addition, 52% of respondents say margins were squeezed and were narrowing, with only 13% of the survey participants saying a margin improvement was noticeable. Responses confirm the impact of a difficult economic environment and high energy costs through a long...

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