
Europe’s Chemical Sector Under Stress
A report shows that chemical plant closures in Europe surged sixfold since 2022.

A report shows that chemical plant closures in Europe surged sixfold since 2022.

CEFIC, the European Chemical Industry Council, expects the EU27 chemical production to decline by about 8% in 2023 compared to the previous year, with no imminent recovery of chemical demand in Europe.


















