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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

VCI: German chemical industry achieves strong end to 2013; outlook positive for 2014

9:07 AM MDT | March 12, 2014 | Michael Ravenscroft

The chemical industry in Germany rounded off a turbulent 2014 with a strong fourth quarter, says chemical industry association VCI (Frankfurt). Production in Germany’s third largest industry sector increased markedly—1.5%—in the period October—December 2013, VCI says. Turnover increased to €188.7 billion ($261.6 billion), or 1%, but prices fell again. Domestic demand for chemicals was stable, and exports rose on the back of increasing demand, according to VCI. Germany’s chemical producers were able to expand their business in...

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