13 July 2012 12:07 [Source: ICIS news]
By Rebekah ?xml:namespace>
Cefic published a letter prior to an important EU summit on 28-29th June, urging politicians to make swift progress in a number of areas including deeper integration, structural reform, budgetary union and fiscal harmonisation.
As leaders of the European chemical industry, and therefore fundamental to the continent’s manufacturing industry, they asked for “clear leadership” and a future of “peace and prosperity”.
A Cefic spokesman said: “
The strategy also intends to make
Cefic also described its satisfaction with the summit’s decision to finance public investment via a recapitalization of the European Investment Bank (EIB) of more than €100bn ($122bn).
Despite the new strategy unveiled by
In a report on the European chemicals industry published on Thursday, the bank predicts that the rest of 2012 will be bleak, with prices in “freefall”.
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