Processing Magazine

German chemical sales growth to slow in 2012, VCI predicts

December 8, 2011

FRANKFURT, Germany — VCI, Germany’s chemical association, predicts German chemical sales growth to slow next year from a record in 2011 as customers reduce stock piles, Bloomberg reported.

According to VCI, sales for chemical goods will grow 2 percent, with production and producer prices each rising 1 percent.

VCI estimates that the number of chemical industry jobs will rise 2.5 percent this year to 425,000, the article stated.