By Janos Gal
LONDON (ICIS)--Slowing tyre sales, low epoxy resins and polycarbonate (PC) demand and the closure of several glass furnaces in Europe may be the first signs that all is not well for the European chemical industry.
So far during the second quarter of 2012, truck tyre sales have fallen by up to a third compared with the same period last year, while small vehicle and passenger car tyre sales have dropped by as much as 15%, industry experts said on Wednesday.
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INSIGHT: Players begin to think a lot harder about China demand
“We understand some of the reasons, but not all of them. We are still searching for a full explanation.” more
VIDEO – ICIS Europe Lunchtime Bulletin 23 May 2012
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