UK chemicals makers on a high after Brexit vote

London – UK chemicals makers are defying all forecasts of doom following last year’s Brexit vote with strong growth in production and exports and positive spending plans for the year ahead, according to Chemical Industries Association (CIA) officials.

At a press briefing, CIA economist Nick Sturgeon reported “continuing optimism” among member companies about prospects for the next 12 months and “a continuing hold-up on employment, R&D and investment.”

In terms of production volumes, chemicals have started the year 1.5% up year-on-year at the moment after negative growth…

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