Ukraine chems Feb output figs show industry still in decline: bank

22 March 2013 16:40  [Source: ICIS news]

LONDON (ICIS)--Ukraine's chemical industry remains in decline with its output dropping 22.1% year on year in February, Raiffeisen Research said on Friday.

The month also saw overall industrial production in Ukraine fall 6% year on year on the back of a sharp drop in energy production possibly explained by milder weather, said Dmytro Sologub, an analyst at the unit, a subsidiary of Austria-based Raiffeisen Bank International.

Ukraine's chemical industry, along with many other export-oriented sectors, have been badly hit by the European economic downturn, the bank said.


By: Will Conroy
+44 20 8652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly