September 2007

Trends and Resources

HP Impact: HPImpact: German chemicals industry benefits from robust economies

In first-half 2007, German chemical companies profited from stable growth in domestic and world markets. This growth has had positive effects on corporate earnings, the labor market and investments. ..

Weirauch, Wendy, Hydrocarbon Processing Staff

In first-half 2007, German chemical companies profited from stable growth in domestic and world markets. This growth has had positive effects on corporate earnings, the labor market and investments. "In our view, the current situation is more positive and stable than it has been for a long time. Companies were able to keep up the high level of 2006, with a production increase of 4% in the first six months of 2007," says Werner Wenning, president of VCI, the German chemical industry association. Sector growth. From January to June 2007, there was no change in petrochemicals production. During the same period, the output of polymers grew by 1%. However, in first-half 2007, the manufactu

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