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Europe chems output shrinks across the board in May: Cefic

LONDON (ICIS)--European chemicals output in May fell month on month following eight consecutive months of growth, Cefic said on Tuesday, as the Brussels-based industry association’s director general warned that the sector may be “losing its footing”.

Output fell month on month across all industry sub-sectors, but on an annual basis EU output was up 1.8% for the January to May period this year, Cefic added in its latest Chemicals Trends Report.

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