TITLE

Good quarter bumps up VCI forecast for 2007

AUTHOR(S)
Gibson, Jane
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/21/2007, Vol. 2 Issue 67, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of German chemical industry association VCI to revise its forecast for the chemical industry for 2007 after it reported a positive performance during the first quarter. Earlier forecasts pointed to production growth of 2% and a sales upturn of 2.5%. Its latest estimate of a 1.5% increase in selling prices is lower than the 2% predicted last December, partly as a result of a drop in raw material costs since the start of 2007.
ACCESSION #
25424534

 

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