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Construction, tyre, glass industry demand showing cracks

Focus Construction, tyre, glass industry demand showing cracks

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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VIDEO – ICIS Europe Lunchtime Bulletin 23 May 2012
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