August 2012

Trends and Resources

HP Impact: EU chemicals sector output down in 2011

European Union (EU) chemicals production recorded a 1.9% decrease in the first four months of 2012 compared with the same period in 2011, according to the latest Cefic Chemicals Trends Report. Monthly..

Thinnes, Billy, Hydrocarbon Processing Staff

European Union (EU) chemicals production recorded a 1.9% decrease in the first four months of 2012 compared with the same period in 2011, according to the latest Cefic Chemicals Trends Report. Monthly data for April 2012 showed a 1.9% decline compared with the previous April. April 2012 data show that the EU chemicals production level remains 5.2% below the peak in 2007. Prices for chemicals in the EU continued to climb on a year-on-year basis in April, up 3.2% during the month against the comparable month in 2011. The price increase was led yet again by the overall price increase in basic inorganics. The latest data show the EU chemicals net trade surplus improved through the first qua

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