Ethylene Unit at BASF-YPC Company Limited / Ethylen-Anlage in der BASF-YPC Company Limited

Good chemistry in the EU market

Brussels – The European chemical sector has continued to perform strongly in 2018, with output up 2.6% in the first two months of the year compared to the same period in 2017.

According to the latest chemicals trends report published by European Chemical Industry Council (Cefic), production rose in most chemicals sub-sectors, with paints and coating and consumer chemicals posting a 6% growth. Demand for speciality chemicals was up 2.7% year-on-year.

Chemicals prices rose 3.0% during the period, with polymers and petrochemicals posting “significant and positive growth” in…

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