China Chemical News reports that the latest "Chemical Trends Report" released by
the European Chemical Industry Council (Cefic) shows that after a 2.4% decline
in 2024, European chemical production is expected to decline further by 2.0% in
2025. The report points out that continued uncertainty is suppressing industry
investment, and the outlook for 2025-2026 is "bleak." A wave of chemical company
closures is driving deindustrialization, benefiting countries with cost
advantages...