4 January 2013 Business
It was a mixed year for the sector
The road to recovery is still some way off © Cefic
The European Chemical Industry Council (Cefic), which put together the latest figures, said that the cost of chemicals in the EU has continued to rise. Prices are now 3% higher than the same seven months last year. Cefic’s Chemicals Trends Report also predicts that 2012 will be another annus horribilis for the EU chemical industry, with production on course to be 5.9% lower than its peak back in 2007.
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