BMI View: Germany's petrochemicals industry will be hit by the impact of Brexit due to its reliance on
export-oriented industries, particularly the automotive sector, as well as its role as a major petrochemicals
supplier in Europe. The sector was already seeing a dow ..."
BMI View: Germany's petrochemicals industry has witnessed a decline in the value of sales, but rising
output volumes and continued low naphtha costs have helped producers defend margins. The outlook is
modestly positive with sales likely to be increasingly oriented to ..."
Germany's petrochemicals industry is seeing a modest but strengthening market recovery amid a cyclical
economic upturn. Much of the growth has been generated by low oil prices and the positive effects of the
slide in the value of the euro against the US dollar. Howeve ..."
BMI View: A fall in chemicals output in Q315 underlined the market volatility affecting the German
petrochemicals industry, but the industry is facing up to the challenge of competitiveness through
investment in research and development. However, high energy prices re ..."
Germany's overall chemical output grew sluggishly in H115 on the back of export growth and rising prices,
but polymer and petrochemicals output was in decline. Going forward, the industry faces challenges to its
competitiveness at a time of external market uncertainty ..."
The German petrochemicals market is set for a slowdown in growth in 2015 and the situation is likely to be
sustained over the medium term, ensuring that it is unable to generate the consumption levels many
European producers were banking on for recovery, according to ..."
BMI View: Although the volatility seen in the domestic market had an beneficial impact on German
petrochemicals industry in H214, but in the long-term we believe that the Transatlantic Trade and
Investment Partnership (TTIP) will determine the structure of the industry amidst g ..."
The weak and volatile external demand picture is compounded by a longer-term trend of eroding export
competitiveness, which is starting to make itself felt in Germany's petrochemicals industry, according to
BMI's latest Germany Petrochemicals Report.
While Germa ..."
BMI's latest Germany Petrochemicals Report envisages no increase in ethylene capacity over our forecast
period, which will restrict scope for further downstream development. Small-scale capacity is being shut
down as German petrochemicals producers seek to cut costs and improve ..."
Germany remains the engine of the European chemicals and plastic industry and has been the strongest of
the West European markets, according to BMI's Germany Petrochemicals Report.
Current petrochemicals market demand is very close to the pre-2008 peak at around 8.2mn ..."