Issue Date: July 8, 2013
Industry Outlook For Europe Dims
Europe’s chemical output will contract by 1.0% this year because of a weaker than expected economy, the Continent’s main chemical trade group predicts. In contrast, the key U.S. chemical association says chemical output in the U.S. will continue to grow slowly, propelled by consumer spending.
In December, economists at the European Chemical Industry Council had forecast a modest 0.5% rise in production for the year, following a decline of 1.5% in 2012. However, . . .
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