Volume 86 Issue 27 | pp. 61-70
Issue Date: July 7, 2008

Gains In Chemical Output level off

Production growth tapered in Europe but increased in Asia
Department: Business

CHEMICAL PRODUCTION increases showed some signs of slowing in 2007 in Europe and the U.S. compared with 2006, a strong growth year for the global chemical industry. Asia had most of the year’s double-digit growth sectors.

According to the European Chemical Industry Council (CEFIC), 2007 was a “hang-over” year. Although many production figures looked good, that appearance was illusory. Much of the growth, economists at CEFIC say, was actually an overhang from 2006 and reflected . . .

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