Issue Date: July 7, 2008
Gains In Chemical Output level off
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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- Editor's Page: Facts & Figures
- The most complete set of statistics on the chemical industry available anywhere for the cost of membership in the American Chemical Society.
- Introduction: Facts & Figures Of The Chemical Industry
- The chemical industry began to feel the impact of a changing economy in 2007
- Finances: Growth In Demand Mitigates Soaring
- Profits decreased, but strong finances supported capital spending
- Employment: Jobs Decrease In Most Regions
- Japan was the only country to see major employment growth, U.S. continues decline
- Production: Gains In Chemical Output Decline
- Production growth tapered in Europe but increased in Asia
- Trade: Export Patterns Shift With Falling Dollar
- U.S.'s trade balance turned positive, and Europe's costly exports faded
- Chemical & Engineering News
- ISSN 0009-2347
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