Chemicals production up further in September

Latest Chemicals Trends Report shows September EU chemicals production continued to improve, but third quarter 2010 output below pre-crisis level

Chemicals production up further in September, third quarter 2010 output below pre-crisis level

EU chemicals trade surplus up by more than nine per cent in 2010 compared with year prior

EU chemicals production in September registered continued improvement, increasing 6.5 per cent compared with September 2009, according to Cefic’s latest Chemicals Trends Report. The data covering third quarter output indicate that Poland and Belgium are for the first time above pre-crisis production levels reached in 2007, while the aggregate EU chemicals sector is still 5.6 per cent below. EU country production data for the first three quarters of 2010 show Germany leading Europe, with production up by nearly 20 per cent compared to the first three quarters of 2009. The extra-EU trade surplus rose in the first eight months of the year as compared with the comparable period in 2009.

 
                                                                                                                      
About the Cefic Chemicals Trends Report

The Cefic Chemicals Trends summary report is a condensed version of a full report issued each month to Cefic members, which include chemical industry associations and member companies. Both the short summary and full report provide a snapshot of the chemical industry performance in the 27 countries in the European Union and are based on available data released by Eurostat. The scope of the two-page summary report distils Eurostat data into four areas: chemicals production, trade, prices and total sales.

The Chemical Trends Report for November / December 2010 is attached.