Global Processing

European chemical production posts 1.5 percent growth

January 30, 2012

BRUSSELS, Belgium — European chemicals production recorded a 1.5 percent increase in the first eleven months of 2011, according to the latest Chemicals Trends Report from The European Chemical Industry Council.

The monthly data for November 2011 showed a 3.2 percent decline compared with November 2010, a significant drop in EU chemicals industry production after an impressive first quarter 2011.

The level of production from January to November 2011 indicates that EU chemicals production is 4.1 percent below its 2007 peak.