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VCI forecasts slight rebound in next year’s output

3:58 PM MST | December 17, 2012

Production of chemicals, excluding pharmaceuticals, will increase 1% in Germany during 2013 compared with 2012, chemical industry association VCI (Frankfurt) says. Sales generated by Germany’s chemical industry, excluding pharmaceuticals, will increase 1.5% next year, with selling prices edging up 0.5%, VCI says. VCI, meanwhile, reconfirmed its earlier forecast of a 3% decline in output of chemicals, excluding pharmaceuticals, in Germany in 2012 compared with 2011, and stagnant industry sales of €184.2 billion ($238 billion) with selling prices up 2.5%...

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