European chemical industry benefits from global economic growth
The EU chemical industry continues to grow in 2018 benefiting from a positive global and European economic context. Production increased by 2.6% from January to February 2018 compared to the same period last year, although, production in the petrochemicals sector decreased slightly. In addition, producer prices were 3% above the previous year’s level in the EU chemicals sector from January to February 2018 and petrochemicals’ prices rose significantly compared to the other sectors.
For more information, please read Cefic chemicals trends report.