EU Chemicals Production Grows 1.7 % in Q1 2019 Compared to Q4 2018

Europe: Market Report EU Chemicals Production Grows 1.7 % in Q1 2019 Compared to Q4 2018

12.07.2019Editor: Ahlam Rais

Cefic has recently published its ‘Chemicals Trends Report’ and has revealed certain key findings for the European chemicals industry. Data regarding output in the chemical industry and other manufacturing sectors as well as sales and trade volumes can also be accessed via this report.

AZO GmbH + Co. KG

Maag Pump Systems AG

TRM Filter d.o.o.

EU industry confidence posted a sharp decline which is considered to be the most significant decrease in eight years.
(Source: Deposit Photos)

Brussels/Begium – The European Chemical Industry Council (Cefic) has recently published the most recent data on the output in the chemical industry and other manufacturing sectors as well as sales and trade volumes.

The key findings of the report are as follows:

• EU industry confidence posted a sharp decline which is considered to be the most significant decrease in eight years.

• Rising protectionism all over the world is negatively impacting industrial & economic activity; as a result, the output in the automotive sector, a key customer of the EU chemical industry has dropped below last year’s level.

• Despite this, Q1 of 2019 was good for the chemical industry with 1.7 % increase in chemicals output compared to Q4 in 2018.

• This could be partially due to the steady growth in the EU construction sector which seems to be less affected by the declining activity of most EU manufacturing sectors. Output in the construction sector was 4.6 % above the previous year’s level.

For more details please view the full Chemicals Trends Report here - https://cefic.org/app/uploads/2019/07/2019-07-10-Cefic-Chemicals-Trends-Report.pdf

Subscribe to the newsletter now

Don't Miss out on Our Best Content

Business E-mail

Please enter a valid mailadress.

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Stand vom 23.03.2021

Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.

Consent to the use of data for promotional purposes

I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here

Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.

In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.

Right of revocation

I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.

(ID:46021667)