Eastern Europe beckons, but beware

Burridge, Elaine
June 2006
ICIS Chemical Business;6/19/2006, Vol. 1 Issue 24, p39
Trade Publication
The article highlights the topics that were discussed at the European Association of Chemical Distributors' annual congress held in Prague, Czech Republic, in June 2006. According to Herbert Frankenstein, BASF senior vice president for central and eastern Europe, with 130 million consumers and annual growth of over 4%, the region's low taxes and cheaper labor costs are pulling in investment from western manufacturers, but not all chemical manufacturers can afford to be present in every country.


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