Chemical Week Magazine :: Newsbriefs
VCI: Output up in Germany, forecast unchanged
7:12 AM MST | November 8, 2013
The chemical sector in Germany slowed during the third quarter, industry association VCI (Frankfurt) says. Production in Julyâ€“September remained at the level of the strong second quarter largely because of weak demand for pharmaceuticals but increased 1.5% year-on-year, VCI says. VCI maintains its forecast of 1.5% growth in chemical output in Germany for full-year 2013. Prices are expected to slip 1% over the year, so overall sales growth will be about 0.5%, to â‚¬187.7 billion ($251.5...
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