How concerned should Europeans beabout the long-term prospects for itschemical industry? According to fgures fromthe European Chemical Industry Council(Cefc), the EU chemical trade surplusreached a record high last year of ?47bn andthe EU is the world’s top exporter andimporter of chemicals. But its share of worldsales has fell from 29% to 21% over the tenyears to 2010 and China’s sales now exceedthose of the EU.
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