The chemical industry in Europe, affected by the 15% import tariffs from the USA, is facing low demand and high costs, resulting in plant closures and job reductions. Major producers, such as BASF and Brenntag, are feeling the pressure from customers who are postponing orders. Additionally, economic uncertainty and the weakening dollar contribute to the sector's difficulties, with expectations of demand stabilization until 2026.
Sources
Impact dur al tarifelor impuse de Donald Trump asupra industriei chimice europene. Comenzi amânate și o cerere în continuă scădere
Tarifele lui Donald Trump ameninţă redresarea industriei chimice europene
Tarifele lui Donald Trump ameninţă redresarea industriei chimice europene
Latest News
21:30
Thousands of people gathered in Washington to defend voting rights, invoking the legacy of Martin Luther King Jr. and the fight for equality.
21:24
Bolojan, after the promulgation of the ANI law: "I hope Dominic Fritz does not lose his mandate." PNL and USR, a common solution for Timișoara
21:11
The Ministry of Energy has paid 233.07 million euros to the beneficiaries of projects financed through the PNRR, until August 28.
21:01
Volodymyr Zelensky announced that the United States provided information about the recent meetings in Moscow.
20:48
The "Corruption Kills" Association organized a protest at Cotroceni, demanding the dismissal of the head of SPP, Lucian Pahonțu, following the statements of President Nicușor Dan.
See more news