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Could this be Germany's year?

After a strong performance in 2006, the European chemicals sector is expected to see a modest slowdown in growth this year, according to the economics team at the European chemicals industry council Cefic. It is expecting chemicals output to have grown by 2.5% last year, "clearly above the average growth rate over the last five years", and well above the 1.5% achieved in 2005 (figures exclude the fast-growing pharmaceuticals sector).

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