Cefic Anticipates Modest 1% Growth For European Chem Industry in '16

摘要

Brussels—Cefic, the European Chemical Industry Council, is forecasting modest growth of 1% in domestic and global demand for European chemicals during 2016, with "challenging" times ahead in the long-term. This forecast comes in the face of declining demand from key industries, competition from third world countries and economic slowdown in important export markets, noted Cefic.