European chemistry experiencing a recovery, although "modest and fragile"
March 12, 2010
For Mandery, the current situation will continue for some time before the pre-crisis levels of production are met again, but you can see that the confidence in the field of chemical substances produced in the European Union continued to improve in January 2010 and is now higher than its long-term average by first time for 18 months (June 2008).
"The European chemical industry always makes effort to devote great efforts to adapt its structure to the environment of business and social needs." Since then, this crisis will accelerate some trends and, consequently, will happen the same with the processes of adaptation in the industry. "During the next there will be a strong social trend towards the reduction of carbon emissions and the decentralization of the economy, which will force the chemical industry to adapt their production even further processes".