Europe's chemical sector stagnated in 2013


Europe’s chemical sector did not grow at all in 2013, according to the latest chemical trends report from the European Chemical Industry Council (Cefic). This leaves industry’s output 6.4% below its peak back in 2007.

The latest figures are better than Cefic predicted in September 2013, however. Back then it expected output in 2013 to contract by 0.5%. The 2013 figures were buoyed by four consecutive months of chemical production growth at the end of the year.

High points for the European chemical industry in the December figures were an 8.8% increase in production of basic inorganics and polymers, while petrochemicals contracted 7.1%.


Related Content

2012 chemical industry review

4 January 2013 Business

news image

It was a mixed year for the sector

The hunt for innovation

31 January 2014 Premium contentFeature

news image

Big pharma companies are embracing a more open and collaborative approach. Nuala Moran discovers who’s working with whom

Most Read

No-frills coats set a trend for designer viruses

26 August 2014 Research

news image

An artificial protein that self-assembles around and protects DNA could be ideal for gene therapy, nanomachines and synthetic...

Rigid molecular wires make electrons fly

29 August 2014 Research

news image

Organic wires conduct electrons 800 times faster than other molecular counterparts by letting them hitch a ride on a vibratio...

Most Commented

Rigid molecular wires make electrons fly

29 August 2014 Research

news image

Organic wires conduct electrons 800 times faster than other molecular counterparts by letting them hitch a ride on a vibratio...

Concerns over chemical treatment of reclaimed fracking fluid

29 August 2014 Research

news image

Current recycling procedure may do more harm than good