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Cefic: EU chemical industry faces fragile recovery

11:54 AM MST | January 9, 2014 | Michael Ravenscroft

Production of chemicals in the European Union increased by 1.8% in October 2013, compared with a year ago, according to the latest Cefic chemicals trends report. Cefic says that the October numbers "confirm the recovery trend of the chemical sector in the European Union that began in the second quarter of this year," but that "the recovery in the EU chemical industry remains fragile." Nevertheless, production of chemicals in the European Union for the first ten months of 2013 was 6.9% lower than that in the full-year peak level attained in...

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