Output of chemicals in the European Union edged up 0.1% in the first two months of 2015, compared with the corresponding period of last year, and EU chemicals output increased 0.3% year-on-year (YOY) in February, according to Cefic's latest chemicals trend report. Chemical prices plunged 6.8% YOY in the European Union during the first two months of the year and plummeted 7.3% YOY in February, Cefic says. Sales by the chemical industry in the European Union dropped 5.5% YOY in the first two months of the year, Cefic adds.
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