Verband der Chemischen Industrie (VCI)

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27.04.2023 • News

European Drugmakers Slam EU Reform Proposals

European NGOs have welcomed the EU’s plans for an overhaul of pharmaceutical legislation – the first in two decades – presented this week in Brussels. The drugs industry, however, has expressed sharp criticism.

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10.03.2023 • News

German Chemical Industry Mood Brightens

The mood of the German chemical industry brightened at the beginning of 2023 on the back of a sharp downslide in the last quarter of 2022, when production slumped by 14%, producers operated plants at around three-quarters of capacity, demand sank and sales declined both in domestic and foreign markets.

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22.08.2022 • News

Gas Constraints Pressure Chemical Industry

Just as the outlook for gas supply to Germany appeared somewhat brighter, at the end of last week Russian gas giant Gazprom announced it would shut down the pipeline NordStream 1 from Aug. 31 to Sept .2 to carry out repairs.

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27.05.2022 • News

Outlook for German Chemicals Is “Bleak”

German chemical and pharmaceutical producers increased output by 1.3% and sales by 7.8% to €66.3 billion in the 2022 first quarter, compared with the last 2021 quarter. The quarter-on-quarter sales total was padded by a 6.7% price rise against the last three months of 2021, the industry association Verband der Chemischen Industrie said.

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19.11.2021 • News

German Chemical Growth Slows in Q3

Germany’s chemical and pharmaceutical industry continued on an upward curve in the 2021 third quarter, though growth tapered off, the industry association Verband der Chemischen Industrie (VCI) said in its quarterly report. Progress was hampered in part by tightening raw material supply, strained logistics and rising energy prices. Looking ahead, the association said, is for a “further cooling” of the sector’s business is on the horizon.

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19.08.2021 • News

German Chemicals in Strong H1 2021 Rebound

Despite the double whammy of the coronavirus pandemic and the related supply chain disruption, Germany’s chemical and pharmaceutical industries performed well in the first half of 2021, the industry association Verband der Chemischen Industrie (VCI) said.

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17.03.2021 • News

Not all Gloom for German Chemicals in 2020

Punctuated by lockdowns and gaps in raw materials supply, pandemic year 2020 presented major challenges for German chemical and pharmaceutical producers. However, due to a strong fourth quarter performance in which both sales and production rose against the third quarter, the industry association Verband der Chemischen Industre (VCI), said business was better than expected.

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15.09.2020 • News

German Chemicals Bruised but not Battered by Corona

Despite the global coronavirus pandemic that threatened to wipe out gains made since the deep economic recession of a decade ago, Germany’s chemicals and pharmaceutical producers held up relatively well in the first half year, Christian Kullmann, president of the industry association Verband der Chemischen Industrie (VCI), told journalists last week.

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