Production in Germany’s chemicals-pharmaceuticals industry fell 6.5% year on year in the first half of 2019, with most sectors reporting declines, the country’s chemical producers’ trade group VCI said on Wednesday.
A good part of the decline was due to pharma where production fell 14.5% from unusually high H1 2018 levels.
Excluding pharma, H1 2019 chemical production fell 2.5% year on year.
Germany’s H1 chem-pharma production
|% change from H1 2018|
|Total, excluding pharma||-2.5%|
|Inorganic basic chemicals||1.5%|
|Petrochemicals and derivatives||Flat|
|Fine and specialty chemicals||-4.0%|
|Detergents, hygiene, cosmetics||-4.5%|