UK chemicals sector reports sharp business decline

Crewe, UK – The UK chemicals sector has seen a sharp decline in both order books and sales, according to the Chemical Business Association (CBA).

In its latest supply-chain trends survey, the CBA also reported current and future sales-margins turning negative among its members in the independent chemical-supply chain.

Members were asked if their order books are better, worse, or the same than during the previous three months.  While the November survey showed a positive balance of +14%, this marked a significant decline from the +32% reported…

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