Significant drop in production in the chemical industry
Eric HeymannNo industrial sector in Germany has been affected as severely by the gas shortage and higher gas prices as the chemical industry.
No industrial sector in Germany has been affected as severely by the gas shortage and higher gas prices as the chemical industry. The industry's production level in October 2022 was 22.5% lower than in the 4th quarter of 2021. The prospects for the chemical industry in Germany have also deteriorated in the medium term.
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