160397-Co2 Anlage - Tjark Kusber (GBLNJ)

European chemicals output highest for years

Brussels – European chemical production has reached its highest level in eight years, according to figures issued 13 July by industry association Cefic.

In its latest monthly summary, Cefic said production in the EU chemicals sector grew 2.4% year-on-year through April, with gains seen in most industry sub-sectors.

Polymer production rose 8%; dyes and pigments, 3.7%; basic inorganics, 3.3%; and cosmetics, 1.9%, though output of specialty chemicals was comparatively flat.

Producer prices were also up, the chemical industry group reporting that the prior-year level had been exceeded for…

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