Raw materials, energy costs threaten UK chemicals revival

London – UK chemicals and pharmaceuticals manufacturers achieved a 5% increase in exports in the first two months of this year, according to figures from the Chemicals Industries Association.

Growth was led by strong sales to other EU countries, with gains also seen in other world regions, according to the finding of the CIA’s latest quarterly survey of the sector.

The performance was about in-line with the UK manufacturing sector as whole, which grew exports by 7% – helped by a weak sterling – CIA economist Nick…

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