Optimism in Chemical Industry for 2011

IndustrialsChemicals ♦ Published: May 7, 2011; 12:31 ♦ (Vindobona)

2010 represented a comeback for the chemical industry. A production value increase of 16% to € 14.2bn was reached, and exports grew by 16.7%.

Optimism in Chemical Industry for 2011 / Picture: © Vindobona.org

With a production value of approximately € 14.2bn, the chemical industry achieved a growth of 16% in 2010, reaching again the 2008 level. After a steep rise in the first half-year, the growth curve flattened somewhat, but reached anyway the largest increase in ten years: 16%. Exports grew by 16.7% to € 17.6bn; In particular, the demand from France and Germany stimulated the…